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OFFON

ALLIANZ SAUDI FRANSI COOPERATIVE INSURANCE COMPANY

(8040)
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Allianz Saudi Fransi Cooperative Insurance Company Announces Executive Changes

12/02/2018 EST

Allianz Saudi Fransi Corporative Insurance Company announced that Mr. Xavier Denys has submitted his resignation from his position as CEO of the company, for personal reasons. The Board of directors accepted his resignation on November 29, 2018 effective December 31, 2018. The Board of Directors of the company also announced that it has received from the Saudi Arabian Monetary Authority the letter regarding SAMA no objection to appoint Mr. Andreas Brunner as Chief Executive Officer of the Company. He will assume his responsibilities effective January 1, 2019. Mr. Andreas Brunner held various leadership positions at Allianz since 2005. Since 2012, he is Partner and Member of the Executive Leadership Team at Allianz Consulting.


© S&P Capital IQ 2018
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Financials
Sales 2020 543 M 145 M 145 M
Net income 2020 -27,3 M -7,29 M -7,29 M
Net cash 2020 322 M 85,7 M 85,7 M
P/E ratio 2020 -27,6x
Yield 2020 -
Capitalization 1 560 M 416 M 416 M
EV / Sales 2019 0,59x
EV / Sales 2020 1,98x
Nbr of Employees 498
Free-Float 35,0%
Chart ALLIANZ SAUDI FRANSI COOPERATIVE INSURANCE COMPANY
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Allianz Saudi Fransi Cooperative Insurance Company Technical Analysis Chart | 8040 | SA000A0MLUG1 | MarketScreener
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Managers and Directors
Anuj Agarwal Chief Executive Officer & Executive Director
Mohammed Ghanem Koubar Chief Financial Officer
Al-Waleed Abdulrazak Saleh Al-Dryaan Non-Executive Chairman
David Cook Chief Operations Officer
Abdullah Soghayer Al-Hussaini Al-Shehri Independent Director