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Salama Cooperative Insurance Co.'s board of directors appointed Bader Khalid Alanzi as CEO, after obtaining Saudi Central Bank’s (SAMA) no objection letter on Nov. 22.

 

Alanzi’s appointment is effective Dec. 1, the insurer said in a statement to Tadawul.

 

Alanzi holds a Master’s degree from the US and has more than 20 years of experience in management and leadership with Saudi joint stock companies. He also has 10 years of experience in the insurance field.

 

On Nov. 18, Salama’s board of directors approved the resignation of CEO Omar Mohammed Al-Ajlani, effective as of Nov. 30, Argaam reported.

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