News

Saudi Industrial Investment Group SIIG announcement on changing a member of its board of directors

ELEMENT LISTEXPLANATION
Announcement DetailThe Saudi Industrial Investment Group announces the approval of the Board of Directors, bypassing on July 1st 2021, to change the representative of the General Organization for Social Insurance GOSI in its board of directors, based on the GOSI letter to the company, and its request to appoint Eng. Khalil bin Ibrahim Alwatban (non-executive member) as its representative on the SIIG Board of Directors, in place of Mr. Bandar Suleiman Al-Ghafees (Non-Executive Member), with effect from July 1, 2021. Note that the approval of the Board of this appointment is not final, and this appointment will be presented to the first meeting of the General Assembly for approval.It is worth noting that Eng. Khalil bin Ibrahim Al-Watban is currently holding the position of Deputy Minister of the Ministry of Economy and Planning for Sectoral and Regional Development Affairs. He previously worked in the Saudi Arabian Mining Company (Maaden) and its subsidiaries, as president of Alpha Project Development Company, and vice president for projects and engineering at Marafiq Electricity He also worked for the Saudi Basic Industries Corporation (SABIC) and its subsidiaries and holds a bachelor’s degree in Mechanical Engineering.