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Jabal Omar Development Company announces the Appointment of a Non-executive Member in the Board of Directors

12-10-2017 08:56:02

Jabal Omar Development Company (JODC) announces that it has received a letter from Hasana Investment Company, which is a wholly-owned subsidiary of the General Organization for Social Insurance (GOSI) on 27/3/1438 – 26/12/2016. This letter included a request for the appointment of Mr. Mansour bin Abdulaziz bin Rashid Al-Bosaily as a non-executive member in the JODC’s Board of Directors; representing the General Organization for Social Insurance instead of the Mr. Yasser Abdulaziz Mohammed Abu Ateeq (non-executive member), and it will be effective from 27/3/1438 – 26/12/2016. The Board of Directors has approved this appointment on 27/3/1438 -26/12/2016; however, the Board’s approval is not final. This appointment will be presented at the first meeting of the General Assembly for approval

Mr. Mansour Al-Bosaily currently serves as the Board Chairman of HSBC Saudi Arabia Company, in addition to his membership in the Board of Directors of the Saudi Arabian Cooperative Insurance Company (SAICO), Saudi Ground Service Company (SGS), and Amlak International Company; and his membership in other committees. He holds a Bachelor of Systems from King Saud University in Riyadh, Saudi Arabia, and was graduated in 1984.

Mr. Mansour Al-Bosaily has many experiences in the banking field; as he held several leadership positions.

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