Saudi Arabian Mining Co. — Board/Management Information 2021

Apr 25, 2021

Saudi Arabian Mining Company (Ma’aden) Announces Resignation and Appointment of a CEO.

1211 · 25/04/2021 15:36:12 · Announcement #62988 · View on Saudi Exchange

Saudi Arabian Mining Company (Ma’aden) Announces Resignation and Appointment of a CEO.

Element List	Explanation
Introduction	Saudi Arabian Mining Company (Ma’aden) announces the approval of the Board of Directors on the resignation of Eng. Mosaed bin Suliman Al Ohali, from his position as the Chief Executive Officer as of 13/09/1442 AH corresponding to 25/04/2021 AD.

The Board of Directors extends its thanks to Eng. Mosaed bin Suliman Al Ohali for his efforts during his tenure in the Company, wishing him continued success.

The Board of Directors resolved to delegate Eng. Abdulaziz bin Asker Al Harbi to be acting CEO as of 13/09/1442 AH corresponding to 25/04/2021 AD until further notice.

Element List	Explanation
Name of the Resigned CEO	Mosaed bin Suliman Al Ohali
Resignation Acceptance Date	2021-04-23 Corresponding to 1442-09-11
Resignation Effective Date	2021-04-25 Corresponding to 1442-09-13
Reasons for Resignation	Personal reasons

Element List	Explanation
Appointment Type	Delegation
Name of the CEO	Abdulaziz bin Asker Al Harbi
Date of Board Resolution	2021-04-23 Corresponding to 1442-09-11
Date Work Commencement	2021-04-25 Corresponding to 1442-09-13
Brief Resume	Eng. Abdulaziz bin Asker Al Harbi has more than 33 years of experience in industrial management and operation. He also had been a Board member and chairman in number of companies’ Board. AlHarbi holds a bachelor's degree in Chemical Engineering from King Saud University. He joined Ma’aden on 2007 as President of Ma’aden Phosphate Company. Throughout his work at Maaden, he had several executive positions, in which he was heading Aluminum & Gold SBUs, and lately he has been appointed as an Executive VP, Shared Services & Security. Before joining Ma’aden, he worked for SABIC (1987 to 2007) for many operation and administrative positions, where the last position was Director General, Operation, Technical and Expansion in SAFCO (SABIC’s affiliate).
Attached Documents

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