Arriyadh Development Co. — Board/Management Information 2021

Apr 25, 2021

Riyadh Development Company announces the transfer of all powers to the Managing Director

4150 · 25/04/2021 15:25:23 · Announcement #62980 · View on Saudi Exchange

Riyadh Development Company announces the transfer of all powers to the Managing Director

Element List	Explanation
Announcement Detail	Subsequent to the announcement of the Riyadh Development Company on Tadawul on 03-03-2021 AD regarding non-renewal of the CEO's contract based on his desire and following the announcement on 04-21-2021 AD regarding the appointment of a Managing Director.

Riyadh Development Company announces the transfer of all powers to the management of the company to the appointed managing director, His Excellency Mr. Abdullah bin Muhammad Al-Bahouth, with the current CEO, His Excellency Eng / Ali bin Abdullah Al-Hassoun, as an advisor to the Managing Director and to the Board of Directors until the date 09-25-2021 AD and as a member of the Board of Directors until the end of The current session is on 06-24-2022 AD.

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