National Building and Marketing Co.'s board of directors approved, today, Feb. 1, the recommendation of the nominations and remuneration committee on appointing Meshaal Aloqla as the company's new CEO, according to a bourse statement.

 

The new appointment will take effect from Feb. 8, 2021, the statement added.

 

On Jan. 25, the board of directors accepted the resignation of CEO Mohammad Alawwad, according to data compiled by Argaam.

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