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SAMI shakes up board

Defence conglomerate Saudi Arabian Military Industries (SAMI) announced the restructuring and expansion of its board of directors during an extraordinary general assembly meeting on 18 May. As a result of the meeting, the company has expande. ....

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SAMI restructures board of directors

SAMI restructures board of directors
May 19, 2021
RIYADH Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the Public Investment Fund (PIF), has announced the outcome of its extraordinary general assembly meeting held recently, in the presence of SAMI’s Board representative and Vice-Chairman Dr. Ghassan Al-Shibl and PIF representative Omar Abalkhail.
Having completed the legal quorum in accordance with Article 30 of the company’s Articles of Association and having reviewed the assembly’s agenda, based on the results of the vote, the assembly approved all items put up to a vote.
This included the amendment of Article 12 of its Articles of Association, increasing the number of board members from nine to ten, and agreeing to restructure the company’s board of directors. ....

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Saudi Arabian Military Industries names new board

Saudi Arabian Military Industries names new board
RIYADH, 2 days
ago
Saudi Arabian Military Industries (SAMI), a wholly-owned subsidiary of the kingdom s Public Investment Fund (PIF), has announced its new board of directors under the chairmanship of Ahmed bin Aqeel Al Khateeb. Ghassan bin Abdulrahman Al Shibl has been named the Vice Chairman.

The announcement comes following its Extraordinary General Assembly Meeting held recently in the presence of SAMI’s board representative and Vice-Chairman Dr Al Shibl and PIF representative Omar Abalkhail.

The new board will be effective for a three-year term. Its members include Bandar bin Ibrahim Alkhorayef; General Abdulrahman bin Saleh Albunayyan; Dr Khaled bin Hussain Albiyari; Dr Ghassan bin Ahmed Alsulaiman; Mosaed bin Sulaiman Al Ohali; Mazen bin Ahmed Al Jubeir; Abdulaziz bin Abdulrahman Al Sowailim and Yasir bin Abdullah Al Salman. ....

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