Allianz Saudi Fransi Cooperative Insurance Co.’s (Allianz SF) board has approved the appointment of Adel Mallawi as non-independent board member and representative of Banque Saudi Fransi (BSF), the insurer said in a statement on Tadawul.

 

The decision is effective from Dec. 6, 2017, until the end of the current three-year term on Aug. 7, 2019.

 

The board’s approval is not final until the company’s general assembly approves the appointment, the statement added.

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