Bena Steel Industries forms new Audit Committee
· Egyptian market news
Bena Steel Industries Company announced that its board of directors has approved the formation of the audit committee for a new four-year term, according to a bourse filing.
The committee’s tenure began on 22 October 2026 and is scheduled to conclude on 21 October 2030, coinciding with the end of the current board session.
The board appointed Waleed bin Yousef Al Khalidi, an independent member from outside the board, as the Chairman of the Audit Committee.
Al Khalidi is a managing partner at HLB WYZ with over 20 years of experience in financial consulting and risk management.
Joining the committee as members are Mohammed bin Abdulrahman Al Hajri and Mohammed Abu Bakr Mohammed Bakr, both of whom are also external appointments.
Al Hajri, a managing partner at Crowe Saudi Arabia, brings more than 12 years of experience in accounting and internal controls.
Bakr, who has over 18 years of experience in auditing and international financial reporting standards, has previously held senior roles at three of the "Big Four" global accounting firms.
The appointments were finalized during the board meeting held on 22 October 2026.