Arab Sea Information Systems Company Announces the Formation of the Audit Committee for the Sixth Term
Arab Sea Information Systems
Media Center September 17, 2026
Arab Sea Information Systems Company Announces the Formation of the Audit Committee for the Sixth Term
Element ListExplanation
Introduction With reference to the results of the Ordinary General Assembly Meeting of Arab Sea Information Systems Company, which included the election of the Board of Directors for the sixth term commencing on 17/09/2026 for a period of three years and ending on 16/09/2029, Arab Sea Information Systems Company announces the Board of Directors’ resolution dated 17/09/2026 regarding the formation of the Audit Committee for the sixth term and the appointment of its members, as follows:
Element ListExplanation
Appointed Member Name Mr. Mohammed Fawaz Saleh Al-Hozaim
Membership Start Date 2026-09-17 Corresponding to 1448-04-06
Brief Resume of the Appointed Member Mr. Mohammed Fawaz Saleh Al-Hozaim holds a Bachelor’s degree in Accounting from King Saud University, in addition to a qualification in International Financial Reporting Standards (IFRS). He has professional experience in internal audit, financial control, financial management, and procurement and has held several leadership positions, including Executive Director of Financial Controlling at NEOM and Director of Finance and Procurement at the National Center for Performance Measurement. He currently serves as General Manager of Internal Audit at the National Program for Community Development in the Regions and also serves on a number of boards of directors and audit committees.
The date of the approval by other official authorities Not applicable
Element ListExplanation
Appointed Member Name Mr. Nasser Abdullah Al-Oufi
Membership Start Date 2026-09-17 Corresponding to 1448-04-06
Brief Resume of the Appointed Member Mr. Nasser Abdullah Al-Oufi holds a Master’s degree in Accounting and a Master’s degree in Business Administration from Southern New Hampshire University, USA, as well as a Bachelor’s degree in Accounting from King Saud University. He has extensive professional experience in finance, accounting, and internal audit, in addition to extensive experience as a member and chairman of audit committees and boards of directors of various companies and entities. He currently serves as a member of the Audit Committee of Arab Sea Information Systems Company and has previously held several executive positions in finance, administration, and investment.
The date of the approval by other official authorities Not applicable
Element ListExplanation
Appointed Member Name Mr. Khalid Abdulaziz Al-Hoshan
Membership Start Date 2026-09-17 Corresponding to 1448-04-06
Brief Resume of the Appointed Member Mr. Khalid Abdulaziz Al-Hoshan holds a Master of Business Administration and a Master of Applied Finance from the University of Newcastle, Australia, and a Bachelor’s degree in Law from King Saud University. He also holds a professional qualification in internal auditing (CIA). He has extensive experience in internal audit, compliance, risk management, and internal controls and has held several leadership positions in internal audit. He has also served on several audit committees and boards of directors of joint-stock companies and currently serves as a member of the Audit Committee of Arab Sea Information Systems Company.
The date of the approval by other official authorities Not applicable
Element ListExplanation
Date of Board Meeting in which Appointed New Member(s) were Appointed 2026-09-17 Corresponding to 1448-04-06
Categories