Scientific & Medical Equipment House Co. announces the Board of Directors’ decision to form the Audit Committee for the new term, which will commence its duties as of 14/10/2025G and continue until the end of the current Board term on 30-07-2026G, as follows:
Appointed Member Name
Luay Ali Ahmad Sartawi
Chairman of the Audit Committee (Non-Board Member)
Membership Start Date
2025-10-14 Corresponding to 1447-04-22
Brief Resume of the Appointed Member
He holds a Bachelor's degree in Accounting from the University of Jordan and several professional certifications, including CPA, JCPA, and CFE, in addition He holds “Certificate in Company Direction” from UK Institute of Directors, sponsored by the Center for Governance—one of the Public Investment Fund companies. He has over 25 years of experience in accounting, auditing, and governance, and has held senior financial positions at various companies, including Scientific & Medical Equipment House Co., Ernst & Young, Baeshen Group, and Al Haddad Group. He currently serves as the Chief Financial Officer at Mahmal Facilities Services and Chairman of the Audit Committee at Scientific & Medical Equipment House Co.
The date of the approval by other official authorities
N/A
Appointed Member Name
Ahmed Nihad Al-Zaeem
Committee Member (Non-Board Member)
Membership Start Date
2025-10-14 Corresponding to 1447-04-22
Brief Resume of the Appointed Member
He holds a Bachelor's degree in Accounting from the Applied Science University and a Fellowship Certificate from the Saudi Organization for Certified Public Accountants (SOCPA). He has over 20 years of professional experience in accounting, auditing, and financial services, during which he held leadership positions at several companies, including Pepsi–Baqshan, Exposure Holding, Qoot Limited, and Alamat AlRaedah. He currently serves as the Chief Financial Executive at Trophy Trading Co. and as a member of the Audit Committee at Scientific & Medical Equipment House Co.
The date of the approval by other official authorities
N/A
Appointed Member Name
Mohammed Abdelfattah Mohammed Abdelfattah
Committee Member (Non-Board Member)
Membership Start Date
2025-10-14 Corresponding to 1447-04-22
Brief Resume of the Appointed Member
He holds a Bachelor's degree in Accounting from Mansoura University and is a Certified Management Accountant (CMA) from the Institute of Management Accountants (IMA) in the United States. He has over 25 years of professional experience in accounting and financial management, having worked in various industrial and commercial companies in both Saudi Arabia and Egypt, including Scientific & Medical Equipment House Co. and the National Sulphur Products Company. He currently serves as a member of the Audit Committee at Scientific & Medical Equipment House Co., in addition to his roles as Head of Costing at the Chemicals Group and Head of Accounting at the National Sulphur Products Company.
The date of the approval by other official authorities
N/A
Appointed Member Name
Muneer Ahmed Mohammed Al-Sari
Committee Member (Independent)
Membership Start Date
2025-10-14 Corresponding to 1447-04-22
Brief Resume of the Appointed Member
He holds a Bachelor's degree in Financial Management and an Executive Master's degree in Business Administration, in addition to the CME-1 certification from the Capital Market Authority. He has diverse experience in investment, investor relations, entrepreneurship, and portfolio management. He currently serves as a Board Member at Scientific & Medical Equipment House Co., as well as the Managing Director and Head of Portfolio Management at Tareem Investment Projects Co., and a Board Member at Manafez Ambulance and Disability Vehicles Co. He previously worked in entrepreneurial and financial roles at the BADIR Technology Incubators Program and Derayah Financial.
The date of the approval by other official authorities
N/A
Date of Board Meeting in which Appointed New Member(s) were Appointed
2025-08-10 Corresponding to 1447-02-16
Additional Information
The Board of Directors’ decision to form the Audit Committee shall be effective as of 14-10-2025G, and the Committee’s term will continue until the end of the current Board term on 30-07-2026G.
The Board expressed its gratitude and appreciation to the members whose membership in the Audit Committee has ended, valuing their valuable contributions and cooperation, and wishing them continued success in all their future endeavors.
