Group Five Pipe Saudi appoints new independent board member

Riyadh — Mubasher: Group Five Pipe Saudi Company announced that its board of directors has approved the appointment of Mohammed bin Makhlad Al Harbi as an independent member to fill a vacant position, according to a bourse filing.

The decision became effective from 12 October 2026, following a board meeting held on the same day.

Al Harbi will serve for the remainder of the current board term, which is scheduled to conclude on 10 February 2030.

The new member brings extensive financial expertise to the role, holding a Master’s degree in Accounting and Finance from Bangor University in the United Kingdom and a Bachelor’s degree in Accounting from King Fahd University of Petroleum and Minerals.

His professional credentials include fellowships from both the American and Saudi organizations for certified public accountants.

The company stated that the appointment is subject to formal approval by shareholders at the next General Assembly meeting.

Al Harbi has previously held various executive positions across multiple sectors, specializing in financial management and accounting.

Mubasher Contribution Time: 12-Oct-2026 17:25 (GMT)
Mubasher Last Update Time: 12-Oct-2026 17:25 (GMT)