Al Sagr Cooperative Insurance Company appointed Saud Saleh Al Arifi as the new Chairman of the board for the next three years. The insurance firm also named Naif Rashed Alarfaj as the Vice Chairman, according to a bourse disclosure. The two officials assumed their roles for the current session that began on 23 November 2023 and will remain in position until 22 November 2026.

It is worth highlighting that the Insurance Authority passed the two appointments on 24 December 2023.