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Ash-Sharqiyah Development Co. extended the assignment of Managing Director Fayez bin Mahfouz as the Acting CEO of the company.
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In a statement to Tadawul, the company said that Mahfouz, who commenced work on Jan. 7, holds a Bachelor’s degree in Business Administration from King Saud University and has experience in executive management.
According to data available on Argaam, Ash-Sharqiyah’s board of directors decided, on Dec. 24, 2023, to appoint Fayez bin Saleh bin Mahfouz as Acting CEO effective from Jan. 1, 2024.
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