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Mulkia Investment Co. Announces Appointment of Acting CEO
| Element List | Explanation |
|---|---|
| Introduction | Further to the company’s announcement on Tadawul website dated 21/05/1447 H (corresponding 12/11/2025 G) regarding to the resignation of its Chief Executive Officer effective from 26/07/1447 H (corresponding 15/01/2026 G). Mulkia Investment Company announces the decision of its Board of Directors by circulation, dated 19/07/1447 H (corresponding 08/01/2026 G), to appoint the Vice Chairman and managing director Mr. Sultan Mohammed Al Hudaithi as the Acting CEO to manage the company’s affairs during the interim period until a new CEO is appointed. This decision is effective as of 18/01/2026G. |
| Element List | Explanation |
|---|---|
| Appointment Type | Delegation |
| Name of the Appointed Person | Mr. Sultan Mohammed Al Hudaithi |
| Date of Board Resolution | 2026-01-08 Corresponding to 1447-07-19 |
| Date Work Commencement | 2026-01-18 Corresponding to 1447-07-29 |
| Brief Resume | Mr. Sultan Mohammed Al Hudaithi Vice Chairman and managing director of Mulkia Investment Company, brings Extensive experience in corporate restructuring and Strategic planning, Managing investments in securities, Private Equities, and Real Estate investment, Board Member at many public and private companies and committees such as Saudi Automotive Services Company (SASCO), Saudi Chemical Company, Nahaz Investment Company, Zawaya Real Estate Company, Madaen Star Group, Middle East Batteries Company (MEBCO) and United Wires Company (ASLAK). He holds BSC in Accounting with an honor degree from King Saud University and MBA from London Business School. |
The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.
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