SAICO CEO retires, Abdulrahman Alobrah to replace

02/03/2023 Argaam
Logo ofSaudi Arabian Cooperative Insurance Co. (SAICO)

Logo of Saudi Arabian Cooperative Insurance Co. (SAICO)

Saudi Arabian Cooperative Insurance Co.'s (SAICO) board of directors approved today, March 2, the retirement request of CEO Hassan Al-Somali, effective as of March 5, according to a statement to Tadawul.

 

The board also nodded to appointing Abdulrahman Alobrah as CEO, effective as of March 5.

 

Alobrah holds a Bachelor's degree in economics from King Saud University in Riyadh. He also holds some professional certificates specialized in the field of insurance. He assumed several leadership positions in insurance companies during his tenure of nearly 20 years.

 

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