AlAhli Takaful Company announced that t with reference to the Board of Directors' resolution issued by circulation on 22 Ramadan 1439H corresponding to 7 June 2018, it has received SAMA no objection letter No 9434/41 Thul-Qidah 1439H corresponding to 17 July 2018, for the appointments of Mr. Hamed Mohamed Fayez and Mr. Khalid Mohammed Bashnini, as non-executive board members (representing the National Commercial Bank) as of July 17, 2018. The Board of Directors approved their nomination which is not final and will be presented to the next General Assembly Meeting for the approval of the public shareholders according to the regulatory requirements. The new Board of Directors have over 15 years of senior management experience in bank and financial institutions. Mr. Hamed Mohamed Fayez is currently the Head of Retail Banking Group. Mr. Khalid Mohammed Bashnini is currently the Head of Small and Medium Enterprises.