AIG appoints a new CEO:

01/12/2013 Argaam

Astra Industrial Group (AIG) announced today on tadawul the appointment of a new CEO Mr. Mohamed Al Hagbani as of 1/1/2014.

“Mr. Al Hagbani who holds a bachelor degree from Virginia Tech University USA majoring in finance; has 10 years of experience in different industries. He served as the general manager for investment research at the General Organization for Social Insurance GOSI, a senior member within the investment group at AlRajhi Bank and represented GOSI on the boards of many companies” the company stated on tadawul.

It is noteworthy that the Board has appointed Mr. Ghassan Akeel, a member of the Board, as an acting CEO for the interim period between 1/12/2013 and 31/12/2013 after the resignation of the previous CEO Mr. Khaled Al Qwez on 30/11/2013 up on personal reasons.

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