Al Sorayai Trading announces new board member

14/01/2018 16:58 AST

Al Sorayai Trading and Industrial Group is announcing that the Board Member Eng. Mohammed Ahmed Khalawi Mowkley (Independent Member) resigned from the membership of Board of Directors and Audit Committee on 13th January 2018 which has been accepted by the Board by circulation on 14th January 2018. The resignation shall take effect from January 14th 2018. The reasons for his resignation are due to his engagement with governmental job, The Board of Directors of the Company hereby expresses its thanks and appreciation to Eng. Mohamed Ahmed Khalawi Mowkley for his valuable role and effective participation during his period as a member in the Board of Directors.

The Board of Directors approved on January 14th 2018, the appointment of a member of the Board of Directors, Mr. Nader Rashed Mohammed Al Nasser (an independent member) as a member of the Audit Committee, replacing the resigning member as of January 14th 2018 until the end of the current session. This approval is not the final approval as it will be presented to the General Assembly of the company in its first meeting to vote on it, Mr. Nader Rashed Mohammed Al Nasser holds a bachelor's degree in Business Administration and Marketing from the University of Intercontinental (Los Angeles) in the United States of America, and has held many leadership positions and has experience in the Listed and private companies.


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