02 Jun 2024
SEDCO Holding, a leading Saudi investment company, announced the appointment of four new members to the Board of Directors: Mr. Sameer Baarma, Ms. Ghazal Binmahfouz, Mr. Badr Binmahfouz, and Mr. Matthew Eyton-Jones. The appointments follow a resolution passed at the company’s recent General Assembly meeting.
The new members bring a wealth of experience and expertise across business, consulting, and investment, further diversifying the Board’s capabilities. Their appointments follow a rigorous selection process in accordance with SEDCO Holding’s corporate governance guidelines and global best practices.
The new board members will join existing members Sheikh Abdelelah Salem Binmahfouz, Mr. Yaser Binmahfouz, Dr. Abdulraouf Mannaa, Dr. Zeyad Al-Hekail, and Mr. Simon Palethorpe, completing its nine-members’ Board.
About the New Board Members:
SEDCO Holding’s Board guides the organization, reinforcing its position as one of Saudi Arabia’s leading investors. The selection is made in line with SEDCO Holding ESG and corporate governance guidelines, with board members expected to help the company navigate the evolving investment landscape and pursue strategic objectives in line with the Kingdom’s Vision 2030.