Al Sorayai Group appoints new board member

Al Sorayai Trading and Industrial Group Company’s board of directors has approved a recommendation on Tuesday to appoint Nader Rashid Mohammed Al-Nasser as an independent board member as of date until the end of this term on July 15, 2018, the group said in a statement on Tadawul.

Al-Nasser, who replaced Faisal bin Moustafa Rashid Al-Kurdi, served as the Chief Executive and Managing Director of BATIC Investment and Logistics Co. (BATIC) from 2012 to 2016, and filled several executive positions in big companies.

The board’s approval is pending shareholders’ approval, the statement said.