Cenomi Retail is committed to the highest standards of corporate governance. The Board of Directors has adopted clear policies and practices that promote excellence in corporate governance, in line with our commitment to transparency vis-à-vis all our stakeholders. Our policies ensure compliance with the rules and regulations of the Capital Market Authority in the Kingdom of Saudi Arabia, the listing requirements of the Saudi Exchange “Tadawul”, and the applicable corporate governance requirements.
Key corporate governance policies and practices include:
Vice Chairman (Non-Executive)
Audit Committee From 05-09-2023 to 11-08-2026
The Audit Committee’s primary role is to provide oversight of the financial reporting process and the audit processes. Its tasks also include reviewing the company's system of internal controls and compliance with laws and regulations.
Nomination and Remuneration Committee From 05-09-2023 to 11-08-2026
The Nomination and Remuneration Committee was established in line with Article 50 of the CMA’s Corporate Governance Regulations. It was formed to assist the Board of Directors in carrying out its duties and oversight of matters relating to determining the qualifications and the nomination process for membership as well as the remuneration of the Board and Executive Officers to achieve sound corporate governance.
Executive Committee From 17-11-2023 t0 11-08-2026
The Executive Committee was formed to advise the Board with reflect to matters of organizational direction, strategic planning and key business matters. Alongside the Board, the Executive Committee monitors and evaluates progress made toward the company’s strategic goals.
Date of Meeting
Minutes of Meeting