Riyadh – Mubasher: Taiba Holding on Thursday announced that the company’s board has approved the resignation of its CEO, Qassem Abdul Ghani Al Maymani, for personal reasons.

The decision will be effective starting from 20 July, the company said in a statement to the Saudi Stock Exchange (Tadawul).

During the first quarter of 2019, Taiba reported a 15% year-on-year growth in profits, recording SAR 31.3 million.