Kingdom Holding Co.’s (KHC) board of directors appointed Adel Alabdussalam as an executive board member for the current three-year term, ending on Jun. 4, 2021.
The new appointment came after Mohammed Fahmy, a non-executive board member, tendered his resignation for personal reasons, the company said in a bourse statement on Tuesday.
The decision is subject to shareholders’ approval in the upcoming general assembly meeting.
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