Naf names Basel Al-Harbi as new CEO, Abdullah Al-Khalifa as MD

Logo of Naf Company for Feed for Industry

Naf Company for Feed for Industry appointed on Feb. 24 Basel Al-Harbi as CEO with immediate effect, ending his appointment as Acting CEO.

In a statement to Tadawul, Naf said the decision was based on a recommendation from the remuneration and nominations committee.

Al-Harbi served as acting CEO from Sept. 1, 2025 to Feb. 24, 2026. He previously worked as the company’s procurement manager from July 2024 to 31 August 2025, and supervised the operations and personnel department from March 2023 to February 2024.

He holds a bachelor’s degree in cybersecurity.

In a separate Tadawul filing, the company said the board also appointed current board member Abdullah Al-Khalifa as Managing Director, effective Feb. 25, 2026, until the end of the current board term, while amending his board status to executive member.

All necessary regulatory procedures will be completed with the relevant authorities, including updating the commercial register and the company’s bylaws to reflect the appointment, Naf added.

According to data available on Argaam, Naf’s board agreed in September 2025 to terminate, the contract of CEO Murshid Al-Murshidi, and appoint Al-Harbi as Acting CEO.