Finance Minister Mohammed Al-Jadaan confirmed the issuance of a Royal Order appointing Abdulaziz bin Hassan Al Boug as Chairman of the Saudi Insurance Authority, in addition to his post as Governor of the General Organization for Social Insurance (GOSI).
In mid-August, the Saudi Cabinet approved the establishment of the Saudi Insurance Authority.
Al Boug has been Governor of GOSI since last April. He served as CEO of The Company for Cooperative Insurance (Tawuniya) before being appointed GOSI Governor.