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Shareholders of Solidarity Group Holding, one of the world’s largest Takaful groups, have elected new board members for the term 2023-26.
The board members elected during the ordinary and extraordinary general assembly include Shaikh Khalid bin Mustahil Al Mashani, Hisham AlSaie, Zayed Al Amin, Rafiq Nayed, and Abdulrazzaq Al Qahtani, Shaikh Mohammed bin Khalifa Al Khalifa, Abdullatif Al Rayes, and Bashar Nass.
The meetings were chaired by chairman Shaikh Khalid, and attended by shareholders, members of the board of directors, regulatory authorities, external auditors, and the Sharia Supervisory Board chairman.
During the meetings, Solidarity’s shareholders approved audited financial statements and other items of the agenda.
Commenting on the elections, Shaikh Khalid said: “I am grateful for the trust and confidence that our shareholders have placed in us. We welcome our newly elected board members and look forward to working together towards achieving the group’s strategic objectives, including driving growth and delivering value to our shareholders. We will also continue to strengthen our synergies with Al Salam Bank Bahrain and other partners to expand our reach and enhance our offerings.”
Group chief executive Ashraf Bseisu stated: “We are delighted with the outcome of the general assembly meetings and are grateful for the support of our shareholders. As we move forward, we remain committed to our mission of providing innovative and customer-centric Takaful solutions. We will continue to leverage our strengths and capabilities to capture growth opportunities, both organic and inorganic, and drive sustainable value creation for our stakeholders.”
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