Riyadh – Mubasher: Alfakhera for Mens Tailoring Company has officially announced the appointment of its leadership team and the formation of its primary committees for the upcoming four-year term.
This move follows the resolutions of the Ordinary General Assembly meeting held on 16 June 2026, where shareholders elected the board members from a pool of candidates to lead the company through its next strategic phase.
The new board term is scheduled to commence on 18 June and will conclude on 17 June 2030. During its first meeting of the new session the board passed several resolutions to establish the executive and administrative framework required for the company’s governance.
In a significant move for the company’s leadership, the board appointed Suleiman bin Hamad bin Abdullah Al Yahya as the Chairman of the Board of Directors.
Supporting him in this capacity is Hamad bin Suleiman bin Hamad Al Yahya, who has been appointed as the Vice Chairman.
The dual role of Managing Director and CEO has been assigned to Abdullah bin Suleiman bin Hamad Al Yahya, placing him at the helm of the company’s daily operations and strategic execution for the duration of the term.
To ensure administrative efficiency and compliance with corporate governance standards, the board also appointed Sinan bin Hassan bin Numan Al Masoud as the Secretary of the Board of Directors. This role is pivotal in managing the board’s communications and ensuring that all proceedings align with the company’s internal policies and Saudi regulatory requirements.
Furthermore, the board announced the formation of the Audit Committee. While the committee has been established as part of the board's initial resolutions, the company noted that a separate, detailed announcement regarding the committee’s composition and specific mandates will be released at a later date. This subsequent disclosure will be made in accordance with the regulations and policies issued by the Capital Market Authority (CMA).
In addition to internal leadership roles, the board has designated official representatives to act on behalf of the company before the CMA and the Saudi Tadawul Group.
These representatives are tasked with handling all matters related to the application of the Capital Market Law and its implementing regulations, ensuring that Al Fakhera remains in full compliance with the Kingdom’s financial market standards.
The transition to the new board term marks a continuation of the company’s governance cycle. These appointments are intended to provide stability and clear direction for Al Fakhera as it navigates the market over the next four years. All decisions made during the board’s first meeting are effective as of the start of the new term on 18 June 2026.
