Logo ofGulf General Cooperative Insurance Co.
Gulf General Cooperative Insurance Co. announced that its board of directors, through a circular resolution dated Oct. 15, 2026, extended the assignment of Mohammed Alghamdi to serve as the company’s CEO for an additional six months. 
In a statement to Tadawul, the company said the Insurance Authority (IA) issued its no-objection on Nov. 1 for the six-month extension, effective Nov. 20, 2026.
Alghamdi holds a bachelor’s degree in business administration, majoring in marketing, from King Abdulaziz University.
He currently serves as the company’s sales and marketing director and has extensive experience in the insurance sector, particularly in sales and marketing.
He has held several leadership and executive positions in the insurance and financial services sectors, covering direct sales, bancassurance, sales development, and branch management.
According to Argaam data, the company appointed Alghamdi to serve as CEO in April 2026, following former CEO Anuj Agarwal’s request to terminate his contractual relationship with the company.
Logo ofGulf General Cooperative Insurance Co.
Gulf General Cooperative Insurance Co. announced that its board of directors, through a circular resolution dated Oct. 15, 2026, extended the assignment of Mohammed Alghamdi to serve as the company’s CEO for an additional six months.
In a statement to Tadawul, the company said the Insurance Authority (IA) issued its no-objection on Nov. 1 for the six-month extension, effective Nov. 20, 2026.
Alghamdi holds a bachelor’s degree in business administration, majoring in marketing, from King Abdulaziz University.
He currently serves as the company’s sales and marketing director and has extensive experience in the insurance sector, particularly in sales and marketing.
He has held several leadership and executive positions in the insurance and financial services sectors, covering direct sales, bancassurance, sales development, and branch management.
According to Argaam data, the company appointed Alghamdi to serve as CEO in April 2026, following former CEO Anuj Agarwal’s request to terminate his contractual relationship with the company.
