Al Sorayai Trading and Industrial Group announced that the Board approved on December 8, 2016 the appointment of Mr. Faisal Mostafa Rasheed Alkordi as an Independent member in the Board of Directors, from December 11, 2016 until the end of the current session on July 15, 2018, to replace Mr. Abdulaziz Nasser Abdulaziz Al Sorayai (Non Executive) who resigned from the Board on September 21, 2016, the Board approval over this appointment is not final, this appointment will be presented to the General Assembly of the Company at its first meeting for approval. Currently Mr. Faisal Mostafa Rasheed Alkordi serves as CEO of SKAB Group Company. Prior to joining SKAB Group, he was CEO of Salama Cooperative Insurance Company, a publicly listed cooperative Insurance Company. Prior to Salama, he was with National Commercial Bank, in several areas and key management positions. Previously, He also held a seat in the Board of Directors for a number of public and private shareholding companies.