Saudi Cable names Nael Fayez as new CEO

01/02/2023 Argaam
CEO of Saudi Cable Co. Nael Fayez

CEO of Saudi Cable Co. Nael Fayez

Saudi Cable Co.’s board of directors approved on Jan. 31 appointing Nael Fayez as new CEO, based on the recommendation of the nominations and remunerations committee.

 

In a statement to Tadawul, the cable manufacturer said the new appointment will come into effect starting today, Feb. 1, and will be for one year.

 

Fayez has 20 years of experience in the fields of macroeconomics, strategy and sustainability. He held a variety of positions in the private and public sectors. Also, he was a consultant for different entities.

 

NEOM General Manager of Corporate Governance, Saudi Aramco Treasury, CoHe served as ity Solutions Consulting, Founding CEO of INJAZ Saudi Program and led ounder CEO of SustainabilFseveral projects in the fields of strategy and sustainability.

 

achelor’s degree and an Executive Master’s degree in Business Administration BFayez earned a from the US.

 

He was appointed as Saudi Cable’s Managing Director in July 2022, when the company announced that the contract of CEO Abdul Hadi Abdulrahman ended, Argaam reported.

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