Arabian Centres Company announced that its Board of Directors approved by circulation on 12 January 2022 the appointment of the board member Mr. Mohamad Rafic Mourad as the Managing Director effective from 11 January 2022 until the end of the current BoD term, with changing his membership type to (Executive). The appointment of Mr. Mourad as a Managing Director has been made after the board member Eng. Salman Abdulaziz Al-Hokair decided to step down from this position, while he will remain as a board member and Deputy Chairman with changing his membership type to (non-Executive) effective from 11 January 2022 until the end of the current BoD term.
It is worth mentioning that Mr. Mourad has been appointed as a board member at ACC since 01 January 2022 as disclosed in the Company-s announcement on -Saudi Exchange- website on 02 January 2022.