إعلان الشركة التعاونية للتأمين عن تشكيل أعضاء لجنة المراجعة

The Company for Cooperative Insurance Announces the Formation of the Audit Committee Members 8010 TAWUNIYA -1.97 % 1447/11/12     29/04/2026 16:03:04 Introduction Cooperative Insurance Company announces that it has obtained the No Objection from the Insurance Authority on 12-11-1447H corresponding to 29-04-2026 regarding the Board resolution for the appointment of the Chairman and members of the Audit Committee as follows: 1- Abdulaziz Bin Mohammed Alsedeas (Chairman of the Committee- Independent Board Member) 2- Abdulsalam Naser Abaoud (Member - Independent Board Member) 3- Yaser Abbas Salman (Member - Outside the board) 4- Mazen Naser Alsharfan (Member - Outside the board) 5- Amjad Ibrahim Alogaili (Member - Outside the board) Appointed Member Name Abdulaziz Mohammed Alsedeas Membership Start Date 2026-04-13 Corresponding to 1447-10-25 Brief Resume of the Appointed Member Mr. Abdulaziz Mohammed Alsedeas has distinguished practical experience of more than 30 years of experience, including more than 16 years in senior executive roles. As he served as CEO of Al Rajhi Takaful for nearly 13 years, he led the company’s establishment, IPO, and transformation into a high-performing market leader. Currently serves as a Board Member and Chairman of the Audit Committee at Tawuniya and as Audit Committee Member at Mahara Human Resources Company, with extensive expertise in strategy, corporate governance, digital transformation, risk management, and business development. Holds a Postgraduate Diploma in Management and a Bachelor’s degree in English Literature. The date of the approval by other official authorities 29-04-2026 Appointed Member Name Abdulsalam Naser Abaoud Membership Start Date 2026-04-13 Corresponding to 1447-10-25 Brief Resume of the Appointed Member Mr. Abdulsalam Naser Abaoud has distinguished practical experience of more than 20 years of expertise in insurance portfolio management and policy-making. His career includes serving as Head of Actuarial Services at UCA, Director of Actuarial Affairs at Allianz Saudi Fransi, and extensive experience at the Public Pension Agency. Internationally, he was Vice Chairperson of the Technical Commission on Statistical, Actuarial and Financial Studies at the ISSA in Geneva. As well as he served as a Board Member and a member of the Risk and Nomination & Remuneration Committees at Tawuniya and as Audit Committee Member at Sahara International Petrochemical Company and as an Advisor at the Ministry of Finance. He holds a Master’s in Actuarial Science from the University of Waterloo, Canada, and is a Fellow and member of the Society of Actuaries (SOA), USA. The date of the approval by other official authorities 29-04-2026 Appointed Member Name Yaser Abbas Salman Membership Start Date 2026-04-13 Corresponding to 1447-10-25 Brief Resume of the Appointed Member Mr. Yaser Abbas Salman has distinguished practical experience of more than 18 years of experience in audit, risk advisory, and corporate governance across the financial and government sectors. Currently, a Partner at Grant Thornton Bahrain, he served as an Audit Committee Member at Tawuniya. Yaser achieved world-class recognition, receiving the William S. Smith Certificate of Honors and the CFSA Highest Achievement Award from the IIA (USA) for achieving top ranks globally. His professional credentials include being an ACCA Fellow, a Certified Islamic Public Accountant (CIPA), and a Qualified Arbitrator for financial disputes. In addition, he has a proven track record of large-scale transformation and audit engagements at Gulf International Bank and Ernst & Young. The date of the approval by other official authorities 29-04-2026 Appointed Member Name Mazen Naser Alsharfan Membership Start Date 2026-04-13 Corresponding to 1447-10-25 Brief Resume of the Appointed Member Mr. Mazen Naser Alsharfan has over 20 years of professional experience in governance, internal audit, risk management, and compliance, gained across multiple sectors including financial services, healthcare, industrial, retail, and government entities. He currently serves as Chief Internal Auditor and holds several Audit Committee Chairmanships and memberships across various organizations, where he plays a key role in providing independent assurance to Boards and enhancing the effectiveness of governance, risk management, and internal control frameworks. Mr. Alsharfan has extensive experience in establishing and developing Internal Audit, Compliance, and Enterprise Risk Management functions, as well as providing strategic advisory to Boards and their committees, supporting decision-making, transparency, and regulatory compliance. He has also contributed to governance and control readiness in support of an initial public offering, in addition to building advanced control frameworks aligned with the requirements of regulatory authorities, including the Saudi Central Bank and the Capital Market Authority. He holds a Master of Business Administration (MBA) and a Master of Professional Accounting, and is a Certified Internal Auditor (CIA). He is recognized for his strong leadership capabilities in strategic planning, governance, and risk management, as well as enhancing the effectiveness of organizational control environments. The date of the approval by other official authorities 29-04-2026 Appointed Member Name Amjad Ibrahim Alogaili Membership Start Date 2026-04-13 Corresponding to 1447-10-25 Brief Resume of the Appointed Member Ms. Amjad Ibrahim Alogaili has over 15 years of professional experience in financial reporting, budgeting, and strategic planning across the insurance sector, as well as governmental and semi-governmental entities. She currently serves as a Co-Founder and Chief Executive Officer of an accounting, auditing, and financial advisory firm, where she leads forensic accounting, financial advisory services, and the preparation of specialized reports, including those submitted to judicial authorities. She also serves as an Independent Member of the Financial Oversight Committee for Clubs. She previously held several leadership roles, most notably Finance Manager at the Saudi Pro League and Finance Manager at the Saudi Sports Company and has also held leadership positions at Elm Company and Malath Cooperative Insurance Company. She possesses extensive experience in International Financial Reporting Standards (IFRS), financial analysis, and regulatory reporting, with direct exposure to disclosure requirements under the Saudi Exchange (Tadawul) and reporting frameworks of the Saudi Central Bank (SAMA). She has also contributed to the implementation of IFRS 17 and financial transformation initiatives, including reporting automation and the development of financial policies and procedures. In addition, she has advanced expertise in forensic accounting and fraud examination and has contributed to enhancing financial governance frameworks and internal controls. Ms. Alogaili holds a Bachelor’s degree in Accounting and is a Certified Public Accountant (SOCPA), in addition to certifications in Certified Fraud Examiner (CFE) and Local Content Verification. She demonstrates strong capabilities in financial leadership, governance support, strengthening oversight functions, and strategic decision-making The date of the approval by other official authorities 29-04-2026 Date of Board Meeting in which Appointed New Member(s) were Appointed 2026-04-13 Corresponding to 1447-10-25 Additional Information None The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate. Share