Al Lujain appoints acting CEO

Al Lujain Corporation has appointed Mohammed Khalid Al Mutairi as acting CEO effective today, following the resignation of Khalid Mohammed Al Dawood (LinkedIn), who reached the statutory retirement age, according to a Tadawul disclosure. Al Mutairi has been with the company for nine years and is currently vice president of administrative affairs. Al Dawood, meanwhile, is expected to return to his executive duties after a short statutory break, with the company planning to re-contract him within 15 days of his resignation taking effect.