Riyadh — Mubasher: Quara Finance Company lately announced that its board of directors approved the resignation of non-executive member Tariq Sami Zaitoun, according to a bourse filing.
The resignation officially became effective as of 16 September 2026.
According to the regulatory filing, Zaitoun stepped down from his position due to private circumstances. He had served on the company's board since the commencement of his membership on 11 September 2024.
The company stated that the board of directors will initiate the necessary regulatory procedures to appoint a replacement for the vacant seat.
This appointment is subject to obtaining the required approvals from relevant regulatory authorities.
Quara Finance confirmed it will disclose any material developments regarding the board vacancy in due course.
