Al Sagr Cooperative Insurance Company has named Majid Abdullah Al Seri as the board's new Chairman, The company also appointed Abdul Mohsen Nafez Jaber as the Vice Chairman, while Yasser Mohammed Al Harbi was announced as the new Managing Director. Meanwhile, the three officials assumed their new roles for the current board term that began on 16 June 2020 and will remain in position until 15 June 2023.