Etihad Etisalat (Mobily) appointed Nezar Banabeela (Linkedin) as its new CEO, effective 24 February, following a request by outgoing CEO Salman Al Badran (Linkedin) to not renew his contract after six years in the position, according to a disclosure to Tadawul. Banabeela brings over 20 years of experience in telecom and IT, having previously served as CEO of stc Bahrain and president of Bahri Dry Bulk, among other roles.
More from Enterprise
Saudi banks’ deposits outpace lending in 2Q
Deposits grew 2.7% q-o-q while net loans and advances rose…
Quantic brings European institutional capital to Saudi Arabia’s SME financing market
Plans to connect European institutional investors with Saudi’s SME financing…
CMA wants private funds to disclose what they hold and what they made on the way out
The sharpest new demands land on private equity and venture…
Barq hits unicorn status with USD 329.5 mn Series A
The fintech player plans to use the funds to support…