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CorporateJuly 27, 2023

Accepting the Resignation of the Board Members and Forming the New Board of Sanam Real Estate Company

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Accepting the Resignation of the Board Members and Forming the New Board of Sanam Real Estate Company

The General Assembly Meeting of Sanam Real Estate Company was held on Thursday, July 27, 2023, at the company's headquarters. During the meeting, the assembly approved the resignation submitted by the members of the Board of Directors and elected a new Board for the next three years. The newly elected members are:

  • Mr. Waleed Hamad Al-Sumait – Chairman (Representative of Wafra International Investment Co.)
  • Dr. Sulaiman Tareq Al-Abduljader – Vice Chairman & CEO
  • Mr. Sulaiman Mohamed Al-Furaih – Board Member (Non-Executive)
  • Mr. Saad Nasser Al-Muneefi – Board Member (Non-Executive)
  • Mr. Bandar Sulaiman Al-Jarallah – Board Member (Independent)

The newly formed Board of Directors brings extensive expertise in various economic fields, with a strong capability to manage investments and develop strategic plans. Sanam Real Estate Company views this transition as a new chapter of success and ambitions to maximize shareholder value.