STC board of directors gets new members

STC board of directors gets new members
Updated 01 May 2018
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STC board of directors gets new members

STC board of directors gets new members

The Saudi Telecom Company (STC) has announced the results of the shareholder ordinary general assembly meeting, which was held recently at the STC head office in Riyadh.
The assembly approved the board of directors report for the fiscal year ending Dec. 31, 2017, the external auditors report for the same period, the consolidated financial statements of the company, and the appointment of the external auditors (Ernst & Young & Co) as recommended by the audit committee.
The following were elected to the board of directors: Prince Mohammed K. Al-Faisal, Khaled H. Biyari, Mohammed Talal Al-Nahhas, Rashid Ibrahim Sharif, Sanjay Kapoor, Roy Chestnutt, Ibrahim A. Al-Kadi, Osama Al-Khiary, and Ahmed Mohammed Al-Omran.
The members have been appointed through a cumulative voting process for a period of three years.