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Bupa Arabia announces the resignation of a board member and the appointment of a new member

Bupa Arabia announces the resignation of a board member and the appointment of a new member

Bupa Arabia for cooperative insurance has announced that the board of directors has adopted a resolution on 2018/09/16 which confirms the resignation of the board member, Mr. Amer Abdullah Ali Reda, of his position as non-executive member representing the Nazi group. approved, The resignation starts on 2018/09/30.

The Board of Directors also approved the appointment of Mr Martin Houston in 2018/09/16 as a non-executive member representing BUPA Investment Overseas Limited from 2018/10/01.

This change is due to the wish of major partners to change their representatives in the Council.

Taking into account the fact that the approval of the Board of Directors for the appointment of Mr. Martin Houston is not definitive and the Company will present this appointment to the shareholders for a vote at the first General Meeting, which will be announced later.

Mr. Martin Houston, a non-executive member of Bupa Group since 2014, is an international healthcare group based in London, United Kingdom, and is the primary owner of Bupa Investments Overseas Limited, the largest partner in Bupa Arabia.

Mr. Martin Houston is also vice-chairman of Talorin Incorporated and vice-chairman of HCL North America. In March 2018, he was appointed a member of MOLIS & COMPANY as chairman of the International Energy Group.

Martin received his BSc in Geology from the University of Newcastle in England, UK in 1979, and a Master's Degree in Petroleum Geology from Imperial College London, England, UK in 1983.

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