Red Sea International appointed Hani Baothman (bio) as CEO and managing director, it said in a disclosure to Tadawul on Tuesday. This follows Ghassan Saleem Al Ashkar ending his tenure as acting CEO, which he had assumed since April, to return to his role as CFO. Baothman brings over 25 years of experience in financial and real estate investment management and has served on the boards of several listed and private companies in the Kingdom and abroad, including Sidra Capital, Retal Urban Development, and Inoks Capital Saudi Arabia.

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