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Red Sea International Co. Announces Appointment of a CEO

4230
RED SEA
-0.24 %
1442/09/24     06/05/2021 16:31:49

Element ListExplanation
Introduction Red Sea International Company hereby announces that the Board of Directors, based on the recommendation of the Nomination and Compensation Committee, has appointed Mr. Khalid Mohammed Fagih as Company CEO effective from 01-05-2021, as a successor to the resigning Eng. Tareq Mohammed Telmesani.
Element ListExplanation
Appointment Type Appointment
Name of the CEO Mr. Khalid Mohammed Fagih
Date of Board Resolution 2021-05-06 Corresponding to 1442-09-24
Date Work Commencement 2021-05-01 Corresponding to 1442-09-19
Brief Resume Mr. Khalid Mohammed Fagih has over 26 years of banking experience; his professional track record spans a number of finance disciplines including corporate banking, risk management, digitization, project finance, and investment banking. His last post was the General Manager of Samba’s Corporate Banking Group.

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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