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Saudi Advanced Industries Company (SAIC) Announces Appointment of a CEO
| Element List | Explanation |
|---|---|
| Introduction | Saudi Advanced Industries Company (SAIC) announces that the Board of Directors, on 20/03/1446 AH corresponding to 23/09/2024 AD, has approved the appointment of Mr. Khalid bin Saeed Abu Khadra as CEO of the company, effective from 10/04/1446 AH corresponding to 13/10/2024 AD. |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Mr. Khalid bin Saeed Abu Khadra |
| Date of Board Resolution | 2024-09-23 Corresponding to 1446-03-20 |
| Date Work Commencement | 2024-10-13 Corresponding to 1446-04-10 |
| Brief Resume | Mr. Khalid Abu Khadra has a long and diverse professional experience spanning over 18 years in the fields of investment, portfolio management, liquidity management and financial centers. He started his career in the banking sector with leading banks in Saudi Arabia, where he held executive leadership positions in which he led efforts to develop and implement innovative investment strategies and apply risk management effectively to ensure sustainable financial performance. The most recent position was: General Manager of Investment in the Treasury at Alinma Bank, and he also held the position of Director of the Investment Sector in the Treasury at Al Rajhi Bank. Mr. Khalid holds a Bachelor’s degree from King Saud University in Financial Management and many other professional certificates and courses in the fields of leadership and management. |
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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