Opening the door for nominations for membership in the Board of Directors of “Arab Insurance”

The Arab Cooperative Insurance Company announced the opening of nominations for membership in the company’s Board of Directors for the next session, which lasts for 4 calendar years and begins on 04/06/2026 AD and ends on 04/05/2030 AD.

The company said in a statement on the website "Saudi Arabia trading": The date for opening nominations starts from today, until next March 4.

Nomination Policy and Criteria

Every shareholder has the right to nominate himself or one or more other persons for membership in the Board of Directors, provided that the requirements contained in the policy and standards are met, as well as the relevant rules and regulations, including the requirements for appointment to leadership positions in financial institutions subject to the supervision of the Insurance Authority.

1. Completely fill out the candidacy application form and attach the supporting documents.

2. Fill out the suitability form issued by the Insurance Authority and provide the company with a complete and signed copy in the form "PDF" And an electronic copy in "Word" Identical to the signed copy. The candidate can also obtain the form "(convenience model)" From the Insurance Authority’s website />
3. Fill out the candidate’s CV form – Form No. (3) issued by the Capital Market Authority, and provide the company with a complete signed copy in the form "PDF" And an electronic copy in "Word" The signed copy is identical. The candidate can also obtain the form from the Capital Market Authority website />
4. Fill out CV Form No. (1) in Arabic and English

5. Submitting an official letter of no objection issued by the candidate’s employer addressed to the company containing its approval of the nomination request, for employees in the government sector.

6. Any additional documents or data requested by the company or regulatory authorities.

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