Al Alamiya for Cooperative Insurance Company announced that Mr. Adel Bin Al Sheikh has submitted his resignation from his position of Non Executive Director representing Riyad Bank. The Board has approved this resignation will take effect from December 15, 2016. The resignation of Mr. Adel Bin Al Sheikh is due to his desire to concentrate on his membership as a Board Director representing Riyad Bank at the Board of Directors of Royal & Sun Alliance Middle East. The Board of Directors has also approved the appointment of Mr. Khalid Mohammad Hariry as a Non Executive Board Member representing Riyad Bank at the Board of Directors of the company starting from December 18, 2016 to replace Mr. Adel Bin Al Sheikh. Mr. Khalid Mohammad Hariry is a Saudi National who held a number of leading positions in Bank Saudi Fransi, MasterCard and Riyad Bank and is currently the Senior Vice President, Head of Customers and Products Management in Riyad Bank.