Leejam Sports Company announces the resignation and appointment of a board member

Leejam Sports Company announces that the Board Member Mr. Yousef Hamad Alyousefi, an independent director, appointed on 1/5/2017, has resigned due to personal reasons from the Board of Directors on 25/8/2018, which resignation was accepted on 27/8/2018 with effect on the same day. 

The Board of Directors of Leejam Sports Company extends its sincere thanks to Mr. Yousef Hamad Alyousefi for all his valuable contributions and effective participations during his directorship.

Based on the Nomination and Remuneration Committee’s recommendation, the Board of Directors approved on 30/ 8/2018 the appointment of Dr. Tariq Abdullah Al-Naeem as an independent member of the Board of Directors with effect on 30/08/2018. This appointment is not final and will be presented to the next General Assembly meeting for approval.

Dr. Al-Naeem has a vast experience in private and public sectors, most notably a commissioner at the Capital Market Authority, deputy minister at the Ministry of Commerce & Investment, GM at Al-Rajhi Bank, and GM at Saudi Stock Exchange (Tadawul). Furthermore, he is currently serving as a board member at a number of private and public organizations. He holds a PhD in Information Systems and BS and MS degrees in Computer Science.