Aljazira Takaful Taawuni Company (Aljazira Takaful) has announced that its Board of Directors has approved the resignation of Dr Sager bin Abdullatif Nader Shah from his position as Managing Director and Board Member, as well as from the membership of the Board's subcommittees.
In a statement filed with the Saudi Exchange (Tadawul), the company said that Dr Shah submitted his resignation for personal reasons, and it would take effect on 12 July 2026.
In a separate statement, Aljazira Takaful announced the appointment of Mr Abdulrahman Saleh Al-Obrah as CEO, effective 13 July.
He joins from Saudi Arabian Cooperative Insurance Company (SAICO), which announced on 11 April that Mr Al-Obrah had submitted his resignation as CEO after accepting another job offer. His resignation will take effect on 2 July 2026, according to a filing on Tadawul.