Saudi Tadawul Group tapped banking veteran Mazen Al Romaih (bio) as chairman for a four-year term starting 2 January, it said in a filing to the bourse (pdf). Al Romaih succeeds Sarah Al Suhaimi (LinkedIn), who led the group through its 2021 listing and its foundational phase, helping position it as a globally recognized emerging market.

Al Romaih brings more than 30 years of experience in financial services and investments, spanning both regional and international institutions. His career includes senior roles at Ernst & Young, Merrill Lynch, Gulf International Bank, and Samba Financial Group. He also previously served as director of corporate finance at the Capital Market Authority.

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AlJouf Cement reinstated the managing director role three months after scrapping it — suggesting tighter oversight of day-to-day operations — with Bakr bin Atef Sindi (LinkedIn) taking the reins, effective 4 January, according to a Tadawul disclosure. Sindi brings over 25 years of experience in institutional transformation, governance, supply chains, and strategic planning. Al Jouf eliminated the role in September to “boost operational efficiency” following the appointment of CEO Samir Al Rehaili.