Raydan Food Company Announces the Appointment of Two Members to the Audit Committee
| Element List | Explanation |
|---|---|
| Introduction | Raydan Food Company announces that its Board of Directors resolved on 04-05-1448H (corresponding to 15-10-2026G) to appoint two members to the Audit Committee as follows: 1. Mr. Khaled Abdulaziz Hawsawi (Non-Board Member) 2. Mr. Waleed bin Alawi bin Mohammed Ageel (Non-Board Member) This appointment shall be effective starting from 04-05-1448H (corresponding to 15-10-2026G) until the end of the current term on 19-05-2029G. |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Khaled Abdulaziz Hawsawi |
| Membership Start Date | 2026-10-15 Corresponding to 1448-05-04 |
| Brief Resume of the Appointed Member | A Certified Public Accountant and Licensed Bankruptcy Trustee with over twenty years of experience in auditing, financial consulting, governance, restructuring, and bankruptcy. He currently serves as the Managing Partner of Khaled Hawsawi & Co. Certified Accountants and Auditors. Since 2018, he has been licensed as a Bankruptcy Trustee and Specialist by the Bankruptcy Commission. During this period, he has managed financial reorganization operations across multiple sectors in coordination with courts, regulatory authorities, creditors, and investors. He is a founding member and Vice Chairman of the National Committee for Bankruptcy Trustees, as well as the Founder and CEO of Sustainable Growth for Digital Solutions. Additionally, he founded the Early Warning System (EWS) platform for the early detection of corporate financial distress, and he is leading the initiative to establish the first branch of the Turnaround Management Association (TMA) in the GCC countries. He holds a Master's degree in Management Information Systems from the University of South Florida, USA, and a Bachelor's degree in Accounting from King Abdulaziz University in Jeddah. He is a Certified Public Accountant licensed by the Saudi Organization for Chartered and Professional Accountants (SOCPA), and holds the American CPA, Certified Internal Auditor (CIA), Certified Fraud Examiner (CFE), Fellowship of the Chartered Institute of Arbitrators (FCIArb), and the BDI GCC Board Directors Diploma. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Waleed bin Alawi bin Mohammed Ageel |
| Membership Start Date | 2026-10-15 Corresponding to 1448-05-04 |
| Brief Resume of the Appointed Member | Mr. Waleed Alawi Ageel serves as the General Manager of the General Department of Internal Audit and the Secretary of the Audit and Risk Committee at Wadi Jeddah Company. He possesses over 20 years of professional experience in internal audit and accounting. Throughout his career, he has worked with several major companies, including Panda Retail Company, Queensland Shared Services in Australia, and Ismail Abudawood Trading Company. He holds a Certified Internal Auditor (CIA) designation from the Institute of Internal Auditors (IIA), a Master's degree in Finance from Queensland University of Technology in Australia, and a Bachelor's degree in Accounting from King Abdulaziz University in Jeddah. |
| The date of the approval by other official authorities | Not Applicable |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-10-15 Corresponding to 1448-05-04 |
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