اعلان الشركة العربية السعودية للتأمين التعاوني (سايكو) عن تعيين الرئيس التنفيذي المكلف

Saudi Arabian Cooperative Insurance Co. (SAICO) Announces Appointment of an acting CEO 8100 SAICO 2.27 % 1447/12/04     21/05/2026 08:31:00 Introduction Saudi Arabian Cooperative Insurance Co. (SAICO) announces the resolution of the Board of Directors dated 20/05/2026 appointing Mr. Khalid Ali Ballow as the Acting Chief Executive Officer of the company effective 21/05/2026. Appointment Type Delegation Name of the Appointed Person Mr. Khalid Ali A. Ballow Date of Board Resolution 2026-05-20 Corresponding to 1447-12-03 Date Work Commencement 2026-05-21 Corresponding to 1447-12-04 Brief Resume Mr. Khalid earned a Master’s Degree in Business Administration from the Arab Academy for Science, Technology & Maritime Transport, Egypt in 2008, a Bachelor’s Degree in Administrative Sciences from King Saud University, Riyadh in 1998, and a Professional Diploma in Marketing from the Riyadh Chamber of Commerce & Industry in 2003, in addition to a Chartered Insurance Institute (CII) Professional Diploma from the Bahrain Institute of Banking and Finance. Mr. Khalid has over 27 years of insurance leadership experience, of which 16 years are with SAICO. He joined SAICO in 2010. The last position held by him at SAICO, before the present appointment, was Vice President – Sales and Business Development. The members of the Board of Directors of SAICO have expressed their sincere wishes for his continued success in his upcoming responsibilities. 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