Thob Al Aseel appointed Khaled Alomar (LinkedIn) as CEO, stepping into the role permanently after serving as acting CEO since February, it said in a disclosure to Tadawul on Thursday. Alomar brings more than 25 years of experience in management, operations, and sales. He previously worked as COO at Al Jedaie Fabrics for Thob Al Aseel and held several senior leadership roles focused on business development and project management.

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ALSO- Wealth management platform Vennre appointed Ibrahim Almojel (LinkedIn) as Chairman of its board of managers in the Kingdom, it said in a press release (pdf) last Tuesday. Almojel, who co-founded Khwarizmi Holding and previously served as CEO of Saudi Industrial Development Fund, brings extensive experience in sovereign finance, capital markets, and industrial development. He currently sits on the boards of Hassana Investment, Saudi National Bank, Awqaf Investment Company, STC, and the Saudi Exim Bank.