The Board of Directors for Kingdom Holding Company on their board meeting on December 20, 2017, announced that independent board member Dr. Khalid Abdullah Al-Souhem has been appointed deputy chairman of the board of directors. The appointment is effective as of December 2017 through the end of the current board session on June 5th, 2018. The board accepted the resignation of Eng. Rasha Amer El-Hoshan (independent member) which was submitted on September 28th 2017, and was effective as of December 20th 2017. Eng. Rasha El-Hoshan is resigning due to personal reasons.