Dairy giant Almarai has re-elected Prince Naif bin Sultan bin Mohammed bin Saud Al Kabeer (LinkedIn) as its board chairman, with Sulaiman Al Muhaidib (LinkedIn) as vice chairman, it said in a disclosure to Tadawul. Their appointments became effective on Thursday, 7 August for a four-year term.

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Prince Naif bin Sultan has been chairing for over 25 years the boards of multiple high profile companies, including Zain, the Arabian Shield Insurance, Sultan Holding, the International Manufacturing Industries, the International Chemical Industries, and 70 Investment. Meanwhile, Al Muhaideb is also the Chairman of the Al Muhaidib Group and holds other key positions, including chairman of Savola and Rafal Real Estate Development.

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