Bahrain-based Investcorp appointed Mashaal Aljomaih (LinkedIn) as the CEO of its Saudi unit, it said in a statement. Aljomaih was previously the company’s deputy CEO, and he has held executive roles at JP Morgan Chase and BNP Paribas.
Methanol Chemicals (Chemanol) has tapped Faris Mansour Mohammed Al Rajhi as its chairman and Yousif Abudllah Abdulaziz Al Rajhi as its vice chairman, according to a disclosure to Tadawul.
Naqawa for IT’s (Purity Tech) CEO Abdullah Alnamlah (LinkedIn) stepped down from his position, the company said in a filing to Tadawul pointing to a mutual decision not to pursue renewal. Alnamlah will keep his seat on the board. There is no word yet on who will step into the newly-vacant position.
Raydan Food’s Managing Director and CEO Mansour Nasser Al Sulami bowed out from his roles, the company said in a statement to the exchange. Al Sulami will continue to serve on the board.
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