Riyadh – Mubasher: The board of directors of Saudi Indian Company for Cooperative Insurance (Wafa Insurance) has approved the request submitted by the CEO of the company, Abdul Rahman Al Sahli, regarding not renewing his employment contract.
The decision will be effective starting from Tuesday, 15 October, according to a filing to the Saudi Stock Exchange (Tadawul) on Tuesday.
The Saudi insurance firm noted that the new CEO will be appointed later on after obtaining a no-objection letter from the Saudi Arabian Monetary Authority (SAMA).
