Logo of Nayifat Finance Co.
Nayifat Finance Co. (NFC) received today, Oct. 9, a no-objection letter from the Saudi Central Bank (SAMA) about the appointment of Saleh Al-Omair (independent member) as Chairman and Abdulmohsen Al-Saleh (non-executive) as Vice Chairman.
SAMA also approved the formation of the board’s subcommittees, the company said in a statement to Tadawul.
On Sept. 26, Nayifat’s board of directors approved electing Saleh Al Omair as Chairman and Abdulmohsen Al-Saleh as Vice Chairman, according to a bourse statement.
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