Building Names Khalid Al-Buwardi as Chair

Bina Steel Industries Company has announced the appointment of Khalid bin Mohammed bin Saad Al-Bawardi as Chairman of its Board of Directors for a period of four years, following the selection of the new board members at the Ordinary General Assembly meeting held on October 19, 2026. The Board’s decision also included appointing Sami bin Abdulrahman Al-Bawardi as Vice Chairman, Ibrahim bin Saad Al-Abdultif as Secretary of the Board of Directors, and forming the Compensation and Nominations Committee headed by Sami Al-Bawardi. Additionally, the formation of the Audit Committee was approved, and the Board ratified the company’s representatives to the Capital Market Authority and the Saudi Exchange (Tadawul). These measures are part of the efforts to facilitate communication with regulatory authorities and ensure compliance with statutory requirements.

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