Riyadh — Mubasher: The board of Raydan Food Company has accepted the resignation of independent member Ghassan Nabil Nassif.
The resignation, which was submitted on 21 October 2026, will officially take effect on 25 October.
Nassif also steps down from his positions on the Governance, Risk and Compliance Committee and the Nominations and Remunerations Committee.
According to the regulatory filing, the resignation was prompted by current professional circumstances that prevent him from continuing his duties on the board and its subcommittees.
Nassif had served on the board since the start of his membership on 17 February 2026. The company expressed its appreciation for his contributions and efforts during his tenure.
The board recently appointed Khalid Abdulaziz Hawsawi and Waleed bin Alawi bin Mohammed Aqeel to serve for the remainder of the current committee term, which is scheduled to conclude on 19 May 2029.