Al Rajhi Company for Cooperative Insurance (Al Rajhi Takaful) received, on July 31, the Insurance Authority’s (IA) non-objection on reappointing Abdullah Al Rajhi as chairman for the board of directors.
The authority also approved appointing Saud Al Rajhi as vice chairman for the upcoming term, according to a statement to Tadawul.
According to data compiled by Argaam, the insurer’s shareholders elected board members for the next three-year term starting June 26, 2024.