Osool & Bakheet Investment Company announces the Board of Directors’ decision on 10/03/2025 to approve of the Audit Committee members.
First
Member name: Mr. Wael AlSerhan
Date start: 10/03/2025, corresponding to 10/09/1446H
A brief biography of the member: He has extensive experience in the field of business and finance. His professional career began between 2006 and 2012 as the Marketing and Communications Manager at Saudi Telecom Company, where he progressed through several positions. He then worked from 2013 to 2015 as the Marketing and Communications Manager at Nass Holding. From 2015 to 2016, he served as the Assistant Vice President of Marketing and Corporate Communications at the General Authority of Civil Aviation. Between 2016 and 2018, he was the Vice President of Communications and Marketing at the National Shipping Company of Saudi Arabia. Since 2018, he has held the position of Vice President of Marketing and Communications at the Saudi Arabian Military Industries Company. Additionally, since 2018, he has been elected as a Board member of Osool & Bakheet Investment Company.
Date of no objection from other official parties: Does not apply
Second
Member name: Mr. Khalid AlMousa
Date start: 10/03/2025, corresponding to 10/09/1446H
He has over 20 years of experience in the financial and banking sectors. He worked at Saudi Fransi Bank from 1985 to 2001, holding various positions, including Regional Manager for the Central Region and Director of the Private and Investment Services Group. He then moved to Bank Aljazira from 2003 to 2004, where he served as Director of the Credit Banking Group. Since 2008, he has been the Director and Owner of KESB, a real estate development and contracting company. He is also a founding member and a Board member of Osool Financial since 2005, and after the merger with Bakheet Investment Group, he continued as a Board member of Osool & Bakheet Investment Company.
Date of no objection from other official parties: Does not apply
Third
Member name: Mr. Abdulrahman AlYahya
Date start: 10/03/2025, corresponding to 10/09/1446H
He has extensive experience in the banking and investment sector, spanning over three decades, during which he held various positions throughout his career. From 1983 to 1994, he worked at Banque Saudi Fransi in several positions, with his last role being Head of Treasury for Client Affairs. From 1994 to 2001, he served as Assistant General Manager and Head of the Investment Group at Saudi Hollandi Bank. Between 2001 and 2005, he held the position of General Manager of the Investment Group at Saudi Investment Bank. From 2005 to September 2015, he served as the Managing Director at Osool & Bakheet Investment Company (formerly Osool Financial), after which he became the Chairman of the Board. In 2018, he was elected Vice Chairman of the Board of Osool & Bakheet Investment Company.
Date of no objection from other official parties: Does not apply
The date of the board meeting in which the member was appointed: 10/03/2025, corresponding to 10/09/1446H
