Tasnee appoints new CEO

Tasnee names new CEO: The National Industrialization (Tasnee)’s BoD named Fawaz Alfawaz (Linkedin) as its new CEO following the resignation of Mutlaq Al Morished (Linkedin) from his position to retire, it said in a disclosure to Tadawul yesterday. Alfawaz has been Tasnee’s Chief Financial Officer since 2015. He boasts over 30 years of experience in the petrochemicals industry and is currently chairman of the Saudi Logistics Company (SAL). He also sits on the board of Saudi Chemical Holding Co. and the Industrialization Energy Services Company (TAQA).