The board of directors of AlBaha Investment & Development Co. has appointed Ibrahim Bin Kulaib as chief executive starting from August 17, 2017.
The decision came after the company’s CEO, Ziad Al Amro, submitted his resignation for personal reasons, effective August 17.
The new CEO had previously occupied the general manager’s position at the company while he is currently the general manager of Marakez Al Raqia Ltd., a 100 percent owned subsidiary of AlBaha Investment, the company said in separate statements on Tadawul.
The board of directors also approved appointing Mohammad Bin Saleh Al Hammadi as vice board chairman for the current term ending February 9, 2019.
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