The Saudi Advanced Industries Company announces the termination of the Assigned of the Managing Director and the appointment of an acting CEO
- Date : 2023-01-19
| Element List | Explanation |
|---|---|
| Introduction | Further to the announcement of the Saudi Advanced Industries Company on the Tadawul website on 06-11-1443 AH corresponding to 05-06-2022 AD regarding the appointment of a managing director, Mr. Musa Abdullah Al-Ruwaili.
Further to the announcement of the Saudi Advanced Industries Company on the Tadawul website on 04/27/1444 AH corresponding to 11/21/2022 AD regarding the appointment of the Managing Director of the Board of Directors, Mr. Musa Abdullah Al-Ruwaili, as the acting CEO.
The Saudi Advanced Industries Company (Advanced) announces its Board of Directors’ decision to terminate the assignment of the Managing Director of the Board of Directors, Mr. Musa Abdullah Al-Ruwaili, from the duties of the Chief Executive Officer and to terminate his assignment as the Managing Director of the Board of Directors, and to appoint Dr. Abdullah Sulaiman Al-Juraish as the Managing Director of the company and the acting CEO.
The Board of Directors also extends its thanks to Mr. Musa Abdullah Al-Ruwaili for his efforts during his management of the company. |
| Element List | Explanation |
|---|---|
| Name of the Resigned CEO | Mr. Musa Abdullah Al-Ruwaili |
| Resignation Acceptance Date | 2023-01-18 Corresponding to 1444-06-25 |
| Resignation Effective Date | 2023-01-18 Corresponding to 1444-06-25 |
| Reasons for Resignation | termination of delegation |
| Element List | Explanation |
|---|---|
| Appointment Type | Delegation |
| Name of the CEO | Dr. Abdullah Sulaiman Al-Juraish |
| Date of Board Resolution | 2023-01-18 Corresponding to 1444-06-25 |
| Date Work Commencement | 2023-01-18 Corresponding to 1444-06-25 |
| Brief Resume | Dr. Abdullah Suleiman Al-Juraish holds a master’s degree and a doctorate in commercial law and has extensive administrative and investment experience. |