National Medical Care Company Announces the change of a member of its Board of Directors from the Saudi Medical Care Group representatives

Elements List

Explanation

Introduction

The National Medical Care Company announces that the Board of Directors approved through a circular approval on 08 July 2021, the request of the Saudi Medical Care Group to change its representative on the Board of Directors of the National Medical Care Company. According to its letter dated 08 July 2021, to appoint Mr. Faraj bin Saad Al-Gabani (Non-Executive Member) to be its representative in the company's Board of Directors effective from 13 July 2021 corresponding to 03 Dhu Al-Hijjah 1442, in place of Mr. Abdulmohsen bin Hammad Al-Ashry (Non-Executive Member).

The Board of Directors extends its thanks and appreciation to Mr. Abdulmohsen bin Hammad Al-Ashry for his efforts during his term of membership in the Board. The Board also welcomes Mr. Faraj bin Saad Al-Gabani as a member of the Board of Directors, wishing him all success.

Elements List

Explanation

Resigned Member Name

Abdulmohsen Hammad Al-Ashry

Membership Type

Non- Executive

Resignation Submission Date

2021-07-08 Corresponding to 1442-11-28

Resignation Acceptance Date

2021-07-08 Corresponding to 1442-11-28

Resignation Effective Date

2021-07-13 Corresponding to 1442-12-03

Membership Starting Date for the Resigned Member

2019-09-15 Corresponding to 1441-01-16

Reasons of Resignation

Change Saudi Medical Care Group’s representative

Elements List

Explanation

Appointed Member Name

Faraj Saad Al-Gabani

Membership Type

Non- Executive

Membership Start Date

2021-07-13 Corresponding to 1442-12-03

Brief Resume of the Appointed Member

Mr. Faraj Saad AlGabani has a Master's degree in Accounting and Information Technology from the University of Denver in the United States of America and a Bachelor's degree in Accounting from King Saud University. Furthermore, he has experience in managing financial and administrative affairs, operations, and information technology.

Elements List

Explanation

Date of Board Meeting in which Appointed New Member(s) were Appointed

2021-07-08 Corresponding to 1442-11-28

Board Approval

Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval