12 October, 2020
SAUDI ECONOMIC AND DEVELOPMENT SECURITIES COMPANY (SEDCO CAPITAL) ANNOUNCEMENT REGARDING A CHANGE IN THE BOARD OF DIRECTORS OF SEDCO CAPITAL REIT FUND
SEDCO Capital announces a change in the composition of the Board of Directors of SEDCO Capital REIT Fund due to the resignation of the Chairman of the Board Dr. Abdulraouf Banaja (Independent Director and Chairman) and the appointment of Mr. Tariq Linjawi (independent member) to replace him as Chairman of the Board, in addition to the appointment of Mr. Ziad Alakeel as an Independent Director of the Board; effective 11 October 2020. The new Board members of the Fund post the change are:
- Mr. Tariq Linjawi (Independent Director and Chairman)
- Mr. Ziad Alakeel (Independent Director)
- Eng. Said Baarma (Non – Executive Director)
- Mr. Samer Abu Aker (Executive Director)
- Mr. Abdulwahhab Abed (Executive Director)