Board Committees
SISCO's Board has established three committees, comprising board members and external independent experts. These committees are regulated by specific charters approved by the Board
These committees are:
|
NAME OF THE COMMITTEE |
NAME OF MEMBERS |
KEY RESPONSIBILITIES |
|
Audit Committee |
Mr. Waleed A. Kayyal (Chairman) Dr. Abdulaziz A. Jazzar Dr. Abubaker A. Bajabir |
The committee meets at least once every quarter and assists the Board in fulfilling its oversight responsibilities; primarily in reviewing quarterly and annual financial statements, reporting financial and non-financial information, reviewing systems of internal controls, risk management, the audit process, and the related party transactions. |
|
Investment Committee |
Mr. Aamer Alireza Dr. Adnan A. Soufi Eng. Saleh A. Hefni Mrs. Muneera H. AlDossary |
The committee assists the Board in reviewing the Group’s major investment transactions and performances, oversee the Group’s financial resources and advises on future financial strategy. The committee meets as and when required. |
|
Nomination & Remuneration Committee |
Dr. Abdulaziz A. Jazzar Mr. Aamer Alireza Mr. Ahmed M. Al-Rabiah Mr. Talal N. Al-Dakhil Mr. Thamer Al-Harthi |
The committee meets at least twice a year, to assist the Board of Directors in reviewing and approving the compensation to be provided to SISCO Corporation, Board members, Chief Executive Officer and employees. In addition, the committee is responsible for overseeing the development, screening and nomination of qualified individuals for membership of the Board and its committees. |