Nama Chemicals approved on Sunday the resignation of chief executive Fahad Rashed Al-Otaibi and appointed Kamal Mohammed Fatayerji as acting chief executive, effective May 1.
Al-Otaibi's submitted his resignation for personal reasons and will be effective on April 30.He will, however, remain as a board member, the company said in a statement to Tadawul.
Fatayerji has over 34 years of experience in the industrial sector, particularly the
petrochemicals industry including contracts, project management, marketing and sales for a global engineering firm. He previously served as Vice President of Petrochemicals of Nama Chemicals.
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