Riyadh – Mubasher: Sustained Infrastructure Holding Company (SISCO Holding) appointed a Chairman and Vice Chairperson following the commencement of its new board cycle.
The decision, ratified by the Board of Directors on 1 July 2026, marks the beginning of a four-year tenure aimed at steering the company’s strategic direction and oversight through June 2030.
The recent announcement follows the outcomes of the Ordinary General Meeting (OGM) held on 10 June 2026.
During that session, shareholders elected the members of the board of directors for the upcoming term. This new cycle officially began on 1 July 2026 and is scheduled to conclude on 30 June 2030.
In its first meeting of the new term, the board moved to finalize its internal leadership structure and governance framework to ensure operational continuity and effective management.
In a significant leadership move, the Board of Directors approved the appointment of Amer Abdullah Ahmed Zainal Alireza as the Chairman of the Board. Alireza will lead the board in its primary function of supervising the company’s executive management and safeguarding shareholder interests.
Alongside him, the board appointed Muneera Hejab Munahi Al Dosari as the Vice Chair. These appointments are central to the company’s leadership stability as it enters a new phase of its corporate strategy.
Beyond the top leadership roles, SISCO Holding has also confirmed the formation of its specialized board committees, which are essential for maintaining high standards of corporate governance and financial oversight.
The board approved the establishment of the Remuneration and Nominations Committee, which is tasked with overseeing the selection process for board members and senior executives, as well as designing compensation structures that align with the company’s long-term objectives. A chairman for this committee has been officially designated as part of the resolution.
Furthermore, the board announced the formation of the Investment Committee. Given SISCO Holding’s nature as an investment-focused entity, this committee plays a vital role in evaluating potential opportunities, managing the existing portfolio, and ensuring that capital allocation aligns with the firm’s risk appetite and growth targets.
The board has also appointed a chairman to lead this committee, ensuring that the company’s investment strategies are subject to rigorous internal review and expert guidance.
The activation of these committees and the appointment of the board’s leadership reflect the company’s commitment to the regulatory requirements set forth by the Capital Market Authority (CMA) and the Saudi Companies Law.
By establishing these specialized bodies at the outset of the new term, SISCO Holding aims to provide a robust framework for decision-making and transparency.
The formalization of the board’s structure is a standard but critical procedure for Saudi-listed companies at the start of a new term.
For SISCO Holding, these appointments provide the necessary administrative foundation to execute its business plans over the next four years.
The company’s focus remains on enhancing value for its stakeholders through its diverse portfolio in the ports, logistics, and water sectors, supported by the newly confirmed leadership and governance committees.
