IssuerAnnouncementDetailsV2Portlet
Actions
Jabal Omar Development Co. Announces Resignation and Appointment of a CEO
| Element List | Explanation |
|---|---|
| Introduction | Jabal Omar Development Company announces its Board of Directors resolution dated 8-4-2025G corresponding to 10-10-1446H, to accept the resignation of Mr. Abdulrahman Abdulqader Bajunaid from his position as CEO. The resignation will be effective from 30-4-2025G The Board would like to express their sincere gratitude to Mr. Abdulrahman Bajunaid for his efforts during his presidency, wishing him all the best of luck and success. The Board also decided to appointment of Board member Eng. Saleh Habdan Alhabdan to the position of CEO, effective from 4-5-2025G corresponding to 6-11-1446H |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Abdulrahman Abdulqader Bajunaid |
| Resignation Acceptance Date | 2025-04-08 Corresponding to 1446-10-10 |
| Resignation Effective Date | 2025-04-30 Corresponding to 1446-11-02 |
| Reasons for Resignation | Personal reasons |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Saleh Habdan Alhabdan |
| Date of Board Resolution | 2025-04-08 Corresponding to 1446-10-10 |
| Date Work Commencement | 2025-05-04 Corresponding to 1446-11-06 |
| Brief Resume | Eng. Saleh holds a master’s degree with First-Class Honors in Industrial Engineering Sciences. He has also completed several advanced courses in management, negotiations, and commercial arbitration. With over 33 years of professional experience, he has held various key positions and responsibilities. He began his career at Advanced Electronics Company, where he served for eight years. He then worked for seven years as Vice President of TDP. Following that, he was appointed CEO of Sircon General Contracting Company, a role he held for 12 years during which he successfully led the company’s restructuring. During this period, he was also appointed Chairman of the Contractors Committee at the Riyadh Chamber of Commerce. In mid-2019, he was appointed CEO of Taiba Investments, one of the leading real estate development and hotel management companies. There, he led the company’s strategic transformation plan and oversaw the successful merger between Taiba and Dur Hospitality. Most recently, he served as CEO of a hospitality-focused company under the Public Investment Fund. |
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.
Share
Company Performance
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions
- ${title}${badge}