Riyadh — Mubasher: Raydan Food Company announced the Board of Directors' decision to appoint two external members to the Audit Committee, according to a bourse filing.
The listed firm added that the appointments of Khalid Abdulaziz Hawsawi and Waleed bin Alawi bin Mohammed Aqeel are effective from 15 October 2026.
The new members will serve for the remainder of the current committee term, which is scheduled to conclude on 19 May 2029.
Both appointees join as members from outside the board, bringing extensive professional backgrounds to the oversight body.
Hawsawi is a certified public accountant and licensed bankruptcy trustee with over 20 years of experience in financial consulting, governance, and restructuring. He has served as a licensed bankruptcy specialist since 2018 and currently holds the position of managing partner at Khalid Hawsawi & Partners.
Meanwhile, Aqeel possesses more than 20 years of experience in internal audit and accounting. He currently serves as the General Manager of Internal Audit and Secretary of the Audit and Risk Committee at Wadi Jeddah Company, having previously held roles at Panda Retail Company and Ismail Abudauda Trading Company.
Earlier in October, Raydan Food announced the resignation of an Audit Committee member.
