BAAN Holding Group Co. — Board/Management Information 2021

Jul 1, 2021

Abdul Mohsen Al Hokair Group Company announces The end of the period of appointment of the CEO in charge and the appointment of a new CEO of the company

1820 · 01/07/2021 08:11:54 · Announcement #63991 · View on Saudi Exchange

Abdul Mohsen Al Hokair Group Company announces The end of the period of appointment of the CEO in charge and the appointment of a new CEO of the company

Element List	Explanation
Introduction	Abdul Mohsen Al Hokair Group Company announces the issuance of the Board of Directors’ decision by passing on 30-6-2021 approving the appointment of Mr. Fahad Mohammed Al-Fawaz as CEO of the company, starting from 1-7-2021 , and the end of the period of appointment Mr. Sami Abdul-Mohsen Al-Hokair to carry out the duties of the CEO While he remains a managing director

Element List	Explanation
Name of the Resigned CEO	Mr / sami abdulmohsen alhokair
Resignation Acceptance Date	2021-06-30 Corresponding to 1442-11-20
Resignation Effective Date	2021-07-01 Corresponding to 1442-11-21
Reasons for Resignation	Because of the appointment of a new CEO

Element List	Explanation
Appointment Type	Appointment
Name of the CEO	Mr/ fahad bin mohammed alfawaz
Date of Board Resolution	2021-06-30 Corresponding to 1442-11-20
Date Work Commencement	2021-07-01 Corresponding to 1442-11-21
Brief Resume	Mr. Fahd bin Muhammad Al-Fawaz holds a Master’s degree in Business Administration from the British University of Surrey and a Bachelor of Science in Industrial Management from King Fahd University of Petroleum and Minerals. He has deep and varied practical and administrative experiences in leadership positions in various business fields focused in hotel operation and real estate development. He worked as a member of boards of directors and audit committees for a number of hotel and real estate companies, as well as in the banking field and industrial development by working for the Industrial Development Fund. He also received hotel training for general managers at Cornell University - New York and various courses in the banking field with a number of banks and financial institutions in Kingdom and abroad

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