Kingdom Holding Company (KHC) chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud, announced the appointment of Eng. Rasha Amer El-Hoshan as an independent board memberand a member in KHC’s audit committee as of 30th January 2012.

Eng. Rasha Hoshan is the General Manager of Hoshan Furniture, she is also an executive committee member and a board member of Hoshan Group. Eng. Rasha holds M.S in interior design from Pratt Institute in New York and received his Bachelors in Political Science - Middle East from The American University in Washington, DC.

Prince Alwaleed commented: “Eng. Rasha’s experience will add value to Kingdom Holding Company and the new appointment reflects our ongoing commitment to achieve the objectives of the shareholders.”

Eng. Rasha commented: “I am honored to join the Board of Directors of Kingdom Holding Company.”