{"data":{"id":"a2d8cbe3-1de3-49e8-a9f6-7936f475fe33","type":"article","translation_group_id":"a2d8cbe3-1bad-40b9-be48-8e6f11e2927c","language":"en","content_type":"announcement","title":"AKIC appoints Ahmed Saeed Alkharoossi as CEO after Sunday board","dek":"Al Khazna Al Alamiya Holding also named Mohamed Hussein Hamtou board secretary and said enforcement against Al Khazna Tower is suspended pending a capital increase.","slug":"akic-appoints-ceo-alkharoossi-27-sep-2026","published_at":"2026-09-27T14:49:44+00:00","updated_at":"2026-09-30T08:35:11+00:00","primary_category":{"id":"2","type":"category","key":"corporate","name":"Corporate","slug":"corporate","summary":"Company filings, board decisions, M&A, buybacks, and governance across listed issuers.","seo_title":"Corporate News | Capital Wire","meta_description":"Company filings, board decisions, M&A, buybacks, and governance news covering listed issuers across UAE and GCC equity markets."},"featured_media":{"id":"a2d8ce3d-48c7-4780-ac19-134086d64681","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/266eecdd2a45483df8787cb4b246cf7caf216c7fceceaa20761851396fc20f37.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/266eecdd2a45483df8787cb4b246cf7caf216c7fceceaa20761851396fc20f37-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/266eecdd2a45483df8787cb4b246cf7caf216c7fceceaa20761851396fc20f37.webp 1200w","width":1200,"height":630,"alt":"AKIC appoints Ahmed Saeed Alkharoossi as CEO \u2014 Capital Wire cover 27 Sep 2026","caption":"AKIC board results \u2014 CEO appointment 27 September 2026","credit":"Capital Wire \/ ADX disclosure","license":"operator-supplied","ai_generated":false},"entities":[{"id":"a2d85539-06e6-48da-ba15-d762098f2f16","type":"entity","entity_type":"company","collection":"companies","name":"Al Khazna Al Alamiya Holding PJSC","slug":"al-khazna-al-alamiya-holding-pjsc","ticker":"AKIC","is_primary":true}],"flags":{"breaking":false,"featured":false,"correction":false},"subtitle":null,"executive_summary":"Al Khazna Al Alamiya Holding PJSC told Abu Dhabi Securities Exchange that its board appointed Ahmed Saeed Alkharoossi as chief executive officer at a meeting on Sunday 27 September 2026 at 3:00 p.m. Directors also appointed Mohamed Hussein Hamtou as board secretary and approved the minutes of meeting No. 3 of 2026. Enforcement proceedings against Al Khazna Tower were suspended until share-capital increase procedures are completed.","key_points":["Al Khazna Al Alamiya Holding PJSC appointed Ahmed Saeed Alkharoossi as chief executive officer at board meeting No. 4 of 2026 on Sunday 27 September 2026 at 3:00 p.m.","Al Khazna\u2019s board appointed Mohamed Hussein Hamtou as board secretary and approved the minutes of board meeting No. 3 of 2026.","Al Khazna said enforcement proceedings against Al Khazna Tower have been suspended, with assistance from the strategic partner, until procedures to increase share capital are completed.","Board secretary Mohamed Hussein Hamtou signed the Al Khazna disclosure, with a copy to the Capital Market Authority."],"body":[{"type":"paragraph","text":"Abu Dhabi \u2014 Al Khazna Al Alamiya Holding PJSC (ADX: AKIC), formerly Al Khazna Insurance Company, told the Abu Dhabi Securities Exchange that its board appointed Mr. Ahmed Saeed Alkharoossi as chief executive officer at a meeting held on Sunday, 27 September 2026, at 3:00 p.m."},{"type":"paragraph","text":"In Results of Board Meeting No. 4 of 2026 filed with ADX, the company said directors also appointed Mr. Mohamed Hussein Hamtou as board secretary (rapporteur) and approved the minutes of the previous board meeting (No. 3 of 2026)."},{"type":"paragraph","text":"The board discussed the legal status of lawsuits and ongoing execution proceedings filed by and against the company. With assistance from the strategic partner, enforcement proceedings against the property known as Al Khazna Tower have been suspended until procedures to increase the company\u2019s share capital are completed, the disclosure said."},{"type":"paragraph","text":"Directors also discussed certain routine matters. The filing was signed by Board Secretary Mohamed Hussein Hamtou, with a copy to the Capital Market Authority."},{"type":"paragraph","text":"The results follow AKIC\u2019s earlier ADX notice that the Sunday session would consider appointing a chief executive, naming a board secretary and reviewing active lawsuits \u2014 an agenda Capital Wire reported earlier on 27 September."}],"seo":{"seo_title":"AKIC appoints Ahmed Saeed Alkharoossi as CEO | Capital Wire","meta_description":"ADX-listed AKIC said its board appointed Ahmed Saeed Alkharoossi CEO on 27 Sep 2026 and paused Al Khazna Tower enforcement pending a capital increase.","og_title":"AKIC appoints Ahmed Saeed Alkharoossi as CEO | Capital Wire","og_description":"ADX-listed AKIC said its board appointed Ahmed Saeed Alkharoossi CEO on 27 Sep 2026 and paused Al Khazna Tower enforcement pending a capital increase.","social_image":{"id":"a2d8ce3d-48c7-4780-ac19-134086d64681","type":"media","url":"https:\/\/capital-wire.com\/storage\/media\/266eecdd2a45483df8787cb4b246cf7caf216c7fceceaa20761851396fc20f37.webp","mime":"image\/webp","srcset":"https:\/\/capital-wire.com\/storage\/media\/266eecdd2a45483df8787cb4b246cf7caf216c7fceceaa20761851396fc20f37-640.webp 640w, https:\/\/capital-wire.com\/storage\/media\/266eecdd2a45483df8787cb4b246cf7caf216c7fceceaa20761851396fc20f37.webp 1200w","width":1200,"height":630,"alt":"AKIC appoints Ahmed Saeed Alkharoossi as CEO \u2014 Capital Wire cover 27 Sep 2026","caption":"AKIC board results \u2014 CEO appointment 27 September 2026","credit":"Capital Wire \/ ADX disclosure","license":"operator-supplied","ai_generated":false}},"secondary_category":null,"topics":[{"id":"1","type":"topic","key":"adx","name":"ADX","slug":"adx","summary":"Abu Dhabi Securities Exchange listings, filings, index moves, and market-structure developments.","seo_title":"ADX Market News | Capital Wire","meta_description":"Coverage of Abu Dhabi Securities Exchange listings, corporate filings, index moves, and ADX market-structure news for investors."}],"tags":[{"id":"5","type":"tag","key":"board-changes","name":"Board Changes","slug":"board-changes"},{"id":"29","type":"tag","key":"bod-meeting","name":"Board Meeting","slug":"bod-meeting"}],"gallery":[],"charts":[],"byline":{"mode":"desk","schema_type":"Organization","name":"Capital Wire","author":null},"citations":[{"id":"a2d8cbe3-234d-405e-9a89-a0ecfa8b1103","url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5543133","publisher":"ADX Disclosures","title":"ADX disclosure \u2014 AKIC board meeting results No. 4 of 2026 (CDN 5543133)","source_published_at":null,"claim":null}],"sources":[{"url":"https:\/\/apigateway.adx.ae\/adx\/cdn\/1.0\/content\/download\/5543133","source_id":"a2d6a050-b97e-493b-b596-2ddcabbad320","label":"ADX disclosure \u2014 AKIC board meeting results No. 4 of 2026 (CDN 5543133)","publisher":"ADX Disclosures"}],"corrections":[],"translations":[{"language":"ar","slug":"akic-appoints-ceo-alkharoossi-27-sep-2026","published_at":"2026-09-27T14:49:44+00:00","is_current":false},{"language":"en","slug":"akic-appoints-ceo-alkharoossi-27-sep-2026","published_at":"2026-09-27T14:49:44+00:00","is_current":true}],"schema_type":"NewsArticle"},"meta":{"request_id":"6033a52e-987a-4a3b-bebc-1cd7ca2e299c","locale":"en"},"errors":[]}