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Takween Advanced Industries Co. Board/Management Information 2021

Dec 16, 2021

53261_rns_2021-12-16_ab808c06-576b-4926-93a5-406d85f74960.html

Board/Management Information

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Takween Advanced Industries Co. Announces Resignation and Delegation of CEO

1201 · 16/12/2021 15:21:57 · Announcement #65980 · View on Saudi Exchange

Takween Advanced Industries Co. Announces Resignation and Delegation of CEO

Element List Explanation
Introduction Takween Advanced Industries announces the board of directors’ approval date 16\12\2021 AD, of the resignation of the Company CEO, Eng. Ali Hassan Al-Jameel, effective on his end of contract date 01/02/2022 AD, as he submitted his resignation due to personal reasons.

The company also announces that the Board of Directors has issued a resolution, based on the recommendation of the Nominations and Remuneration Committee, to suffice with the job of the Managing Director Mr. Jameel Abdullah Al-Molhem where he will oversee all executive duties of the company as of 02-02-2022 AD.

The chairman and members of the company’s board of directors extend their sincere thanks and appreciation to Eng. Ali Hassan Al-Jameel for his efforts during his tenure as CEO of the company, wishing him success in his future endeavours.

Element List Explanation
Name of the Resigned CEO Ali Hassan Al-Jameel
Resignation Acceptance Date 2021-12-16 Corresponding to 1443-05-12
Resignation Effective Date 2022-02-01 Corresponding to 1443-06-29
Reasons for Resignation Due to personal reasons
Element List Explanation
Appointment Type Delegation
Name of the CEO Jameel Abdullah AL-Mulhem
Date of Board Resolution 2021-12-16 Corresponding to 1443-05-12
Date Work Commencement 2022-02-02 Corresponding to 1443-07-01
Brief Resume It is worth mentioning that Mr. Jameel Al-Molhem holds a bachelor’s degree in Marketing Science from King Fahad University of Petroleum and Minerals. He has experience in several fields and held several positions including CEO & Managing Director, in addition to having professional certificates in different fields. He is as well a board member in multiple listed companies

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.