Savola Group appointed Omar Al-Farisi as a member of the company’ board of directors, who assumed the role since Monday, the company said in a statement.
He replaced Abdulraouf Mannaa who resigned from the board, according to a Tadawul statement released in February. Al-Farisi's term will expire in June 2016.
His appointment was approved by board members on April 19 but still needs to be passed by the general shareholders assembly.
Al-Farisi previously served as a board director for Gulf International Bank in 2012, and has also held roles in the United States as an investment banker at Credit Suisse First Boston and a lawyer at White & Case in New York.
He has an economics degree from the University of Notre Dame and a JD from Columbia Law School in New York.
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