Al-Masafi revises Audit Committee with Adel Jafar as chair
The Saudi Arabian Refineries Company (SARCO) announced the reorganization of its Audit Committee following the resignation of its former Chairman, Abdulaziz bin Abdulmohsen Albaker, due to increased professional commitments. Adel Mamdouh Jafar has been appointed as the new Chairman of the Committee. This move aims to facilitate oversight responsibilities in accordance with governance standards, with the new formation including two independent members of the Board of Directors. The procedures are intended to ensure business continuity and effective oversight within the company.
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