Almarai announced at its Board of Directors meeting on March 4, 2018, approved the acceptance of the resignation of Eng. Rayan Bin Mohammed Hamed Fayez (a non-executive board member) from the Board of Directors and the Executive Committee. The reasons for the resignation are due to work commitments and circumstances. The company approved the appointment of Eng. Anees bin Ahmed bin Mohammed Moumina, (a non-executive board member and representative of Savola Group) and also his appointment as a member of the Executive Committee effective from March 4, 2018. Anees bin Ahmed bin Mohammed Moumina will complete the term of his predecessor at the current session of the Board of Directors which started on 7 August 2016 and ends on 6 August 2019. Eng. Anees Bin Ahmed Bin Mohammed Moumina is a member of Board of Directors of a number of companies and charitable & social institutions. He has over 25 years of experience in a number of financial institutions and companies. He was the Chief Executive Officer of SEDCO and the General Manager and Chief Credit Officer of Samba Financial Group.