Fawaz Abdulaziz Alhokair Company (Cenomi Retail) Announces the Appointment of two Board Members to assume the vacancy in its Board and the appointment of its Chairman and Vice-Chairman
| Element List | Explanation |
|---|---|
| Introduction | Fawaz Abdulaziz Alhokair Company (Cenomi Retail) (the “Company”) announces the Board of Directors' approval of the appointment of the following individuals in its two vacant seats:
(1) Mr. Abubakr Abdulla Alfuttaim, as a non-executive member; and (2) Mr. Tariq Saad AlTwijrey, as an independent member. And the approval of the appointment of each of Mr. Hussein Ali Shobokshi (Independent Member) as the chairman of the Company’s Board of Directors, and Mr. Ahmed Wassim Alarabi (Non-Executive Member) as the vice chairman of the Company’s Board of Directors in its current term. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Abubakr Abdulla Al Futtaim |
| Membership Type | Non- Executive |
| Membership Start Date | 2025-09-16 Corresponding to 1447-03-24 |
| Brief Resume of the Appointed Member | Mr. Al Futtaim holds a Bachelor of Arts in International Studies and Political Science from Macalester College, St Paul, Minnesota. With over 20 years at Al-Futtaim Group, he is a Senior Executive in the Retail Division, overseeing strategic direction and operations across multiple international markets. Mr. Al Futtaim has led large-scale transformation and expansion initiatives, strengthening the group’s retail presence and driving long-term value creation. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Mr. Tariq Saad AlTwijrey |
| Membership Type | Independent |
| Membership Start Date | 2025-09-16 Corresponding to 1447-03-24 |
| Brief Resume of the Appointed Member | Mr. AlTwijrey holds a Bachelor of Arts in Business Administration from the Arab Open University and an Executive Master of Business Administration degree from King Saud University. With over 25 years of experience, Mr. AlTwijrey holds a consistent track record in wealth management and has held multiple roles in which he led transformation and financial strategies, and has previously served as Deputy Chief Executive Officer/Chief Executive Officer Advisor at Cenomi Centers. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2025-09-15 Corresponding to 1447-03-23 |
| Board Approval | Board Approval May not be Deemed Final, this Appointment Shall Be Put before the First General Assembly Meeting for Approval |
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