Corporate Governance
Strong Corporate Governance is part of our culture and key to remaining true to our values and delivering on our commitments to shareholders, employees, customers, suppliers, and the communities in which we operate. Since inception, we have implemented practices to strengthen our structure, procedures, and financial reporting processes. Our Corporate Governance framework provides supporting systems for management, with oversight on action plans, internal controls, performance measurement, and corporate disclosures.
Chairman
Chairman
His Excellency Mr. Al-Dabbagh is the Chairman and CEO of Al-Dabbagh Group, a family conglomerate headquartered in Jeddah, established in 1962. He is also the Chairman of Petromin Corporation (Petromin), a closed joint stock company, since 2013. Mr. Al-Dabbagh also serves as Chairman of two publicly listed companies, Tanmiah Food Company (TFC) since 2019, and Red Sea International (RSI) since 2012.
He also serves on several international boards, including: Cleveland Clinic’s International Leadership Board; Board of Trustees, The Eisenhower Fellowships; Distinguished Fellow, The Global Federation for Competitiveness Councils (GFCC). Previously, he held the position of Governor and Chairman of the Saudi Arabian General Investment Authority (SAGIA), with a rank of a minister, from 2004 until 2012.
Mr. Al Dabbagh holds a Bachelor’s degree in Business Administration from King Abdulaziz University, Jeddah, Saudi Arabia. In 2021, Mr. Al Dabbagh was granted an honorary doctorate of Business Administration from the University of New Haven, Connecticut, USA.
Vice Chairman
Vice Chairman
Mr. Jamal is the Board Director in Petromin Corporation and the Chairman of the Board of SAED International for ISTIGDAM, a closed joint stock company providing recruitment and labor services, since 2018 and the Chairman of Gulf General Cooperative Insurance Company, since 2010. Mr. Jamal holds a Bachelor’s degree in Accounting from King Abdulaziz University in Jeddah, Saudi Arabia, and a Master’s Degree in Business Administration from King Saud University, Riyadh, Saudi Arabia.
Board Member
Board Member
Mr. Osilan was Senior Marketing Manager for Unilever PLC till 2008. He served as a Chief Investment Promotion Officer for the Saudi Arabian General Investment Authority (SAGIA) till 2012, as well as founder, CEO, and Chairman of the Board of Glopartis | Value Chain Investments LLC from 2012 until 2014. He is a Chairman/ Board Member & Shareholder in several portfolio companies (Gloventures), including Leading Angel Investments Fund for Entrepreneurship & SME’s.
Mr. Osilan holds a Bachelor of Science Degree in Management Information Systems from King Fahd University of Petroleum and Minerals, Industrial Management since 1999. He is also a fellow member of Aspen Global Leadership Program.
Board Member
Board Member
Mr. Al Munajjed is the Managing Partner at "URJUAN, Real Estate Developers", and is the elected Chairman of the Saudi-Italian Business Council, an official body operating under the Federation of Saudi Chambers. He has served on several insurance and financial companies boards, namely AXA Cooperative Insurance Co. (Board member and Chairman Audit Committee), Allianz Saudi Fransi Cooperative Insurance Co. (Board member and Chairman NRC), SHUAA Capital Saudi Arabia (Chairman of the Board), and others. Mr. Al Munajjed started his career at Banque Saudi Fransi, and then moved to the food industry as Vice President of one of the largest Saudi conglomerates.
Mr. Al Munajjed holds a Bachelor’s Degree in Electrical Engineering from the American University of Beirut, and an MBA from INSEAD in France
Board Member
Board Member
Mr Parsons is a Company Director of the Board and chairman of the NRC since 2019; and CEO of Greengage Agritech limited liability company registered in the UK since 2016. Mr Parsons past professional experience was as a Co-owner and Director of MTech Systems Europe Limited, a Poultry and Swine IT software and consultancy company from 2010 until 2015; with previously held positions of Managing Director of Cobb Europe Limited, a poultry genetics breeding company and a board member of the AVEC’s Primary Poultry Breeders association, COO of Grampian Country Food Group, a fully integrated poultry company in the UK from 2004 until 2006; and member of the British Poultry Council, Executive Director, Rainbow Chicken Limited, a listed company on the JSE food and beverages sector, from 2002 until 2003 and the Group’s Operations Director and other senior positions for Rainbow Farms (Pty) Limited from 1995 until 2003;
Mr. Parsons holds a Bachelor of Commerce Degree from University of the Witwatersrand in Johannesburg since 1992.
Board Member
Board Member
Mr. Jazeel is a Director at Gulf General Cooperative Insurance Company and Chief Operating Officer of Al Dabbagh Group. Prior to that, he was an Audit Manager at PwC from 1988 to 1992.
Mr. Jazeel is a Fellow member of the Chartered Institute of Management Accountants in the UK, holds a certificate in Executive Education in Audit Committees in an Era of Governance from Harvard Business School, and has attended executive management courses at Harvard Business School, The Wharton School - University of Pennsylvania; Kellogg School of Management, London Business School, Cranfield School of Management, Management Center Europe, IMD etc.
Board Member
Board Member
Ms. Nassief is the Vice President of ESG and External Affairs at National Energy Services Reunited Corp. (NASDAQ:NESR) since 2019. She is also a member of the Board of Jones Lang laSalle (NYSE:JLL) in Saudi Arabia. Ms. Nassief has over 15 years of experience working in multinational companies such as Cummins, Christie's, Olayan Financing Company and Kingdom Holding. She was also the ESG Advisor to the Future Investment Initiative (FII) Institute in Riyadh between 2020-2021. Ms. Nassief holds a Bachelor’s Degree in International Relations from Boston University and a Master’s Degree in Law and Diplomacy from Tufts University in the USA
Board Member
Board Member
Mr. Ivannikov is an experienced INED with executive director/officer background in both publicly traded and privately held companies, including Fortune 500. His expertise lies in global agribusiness value chains from core commodities to value added B2B and B2C products. Mr. Ivannikov brings extensive international insights with several JV, M&A, PE, IPO, and greenfield start-up experiences across multiple markets. He focuses particular attention on enterprise level strategy formation and leadership development in rapidly expanding or evolving organizations and on sharing food industry best practices.
Mr. Ivannikov is an alumnus of Harvard Business School GMP program, postgraduate management program at the University of Leicester and holds degrees in International Business and French Language from Harding University.
Board Member
Board Member
Mr. Carton was a non-executive Director of Scandi Standard AB from 2018 to 2021, following its acquisition of Manor Farm (Ireland’s largest chicken processor, where he was CEO from 1998 until 2019.
He graduated from UCD with Bachelor’s degree in Business and awarded an ACMA from CIMA in 1983.
Board Member
Board Member
Mr. Tariq Al-Abbadi is the Chief Legal Officer of Al-Dabbagh Group. He holds an LLM in International Commercial Law from the University of Kent, Canterbury in the United Kingdom, and an LLM and LLB from the University of Jordan. Mr. Al-Abbadi began his career at the International Business Legal Associates (IBLAW) in Amman, Jordan in 2000 before joining Baker Botts L.L.P in Riyadh, Saudi Arabia as an associate in 2004. After two and a half years, he joined King & Spalding L.L.P. in 2006 and later moved to Dewey & LeBoeuf L.L.P. where he became a partner in their Saudi office. He joined Al-Dabbagh Group in 2011.
Mr. Al-Abbadi has extensive experience as a corporate, private equity, and capital markets lawyer and has published widely in legal journals. He is a Jordan Bar Association member and licensed to work as legal counsel in Saudi Arabia. Amongst various awards and recognitions, he has been cited as Outstanding Middle East Attorney in the Global Broker and Underwriter’s Legal Leaders, 2008, and nominated as a Legal Expert in the Banking and Finance and Corporate and M&A arenas in the Legal Experts-Europe, Middle East & Africa.
He has been a member of Al-Dabbagh Group's advisory board since 2011 and serves as a director of many subsidiaries and affiliates in Saudi Arabia and elsewhere.
Tanmiah’s Audit Committee is tasked with reviewing the financial and administrative policies and the procedures for preparing financial reports and their deliverables. The committee also reviews internal audit reports and issues recommendations to the Board of Directors on the appointment, dismissal, remuneration, and independence of external auditors. Additionally, it examines preliminary and annual financial statements before being submitted to the Board of Directors and provides opinions and guidance thereon.
This is in addition to reviewing the external auditor's observations on the financial statements and the audit plan and making observations. The committee also fulfills other work periodically and regularly to assess the efficiency and effectiveness of control activities and risk management.
Chairman
Committee Member
Committee Member
Committee Member
The Nomination and Remuneration Committee reviews and approves the process of designing an appropriate operating model and fair incentives of salary scales in conformity with market standards and requirements and best governance practices. The committee also reviews the structure of the Board and recommends appropriate amendments, ensures the independence of members annually, ensures that there is no conflict of interest within the Board Directors, especially if they are Board members of other companies, and reviews and approves the Board and Committee’s remunerations and incentives prior to submission to the Board for ratification.
Chairman
Committee Member
Committee Member
Committee Member
The Technical Committee oversees and reviews the technical aspects of the company’s exploration programs, and project development, all project development milestones and proposals, and makes recommendations to the Board for consideration, as well as oversees periodic benchmarking by the management of the technical policies, systems and monitors the processes of the corporation versus industry best practices. The committee also reviews and reports to the Board on the sufficiency of financial, technical, and human resources to ensure proper and timely development and advancement of the company’s expansion.
Chairman
Committee Member
Committee Member
Committee Member
Tanmiah’s management team members have a wealth of experience and deep sector expertise surpassing 20 years. This enables the company to successfully achieve its strategic business objectives, whilst continuing to generate long-term and sustainable value to all stakeholders.
Chief Executive Officer
Chief Financial Officer
Chief Executive Officer of Fresh Poultry Segment
Chief Human Resources Officer
Chief Executive Officer of Further Food Processing Segment
Chief Internal Audit
Chief Corporate Relations Officer
Chief Strategy Officer
Chief Executive Officer of Animal Feed and Veterinary Services Segment
Chief Executive Officer of Food Brand Franchise Segment