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Saudi Fisheries names new CEO

Saudi Fisheries names new CEO
The decision will be effective starting from 1 July
SFICO
6050
-0.52% 22.90 -0.12

Riyadh – Mubasher: The board of directors of Saudi Fisheries Company (Alasmak) appointed Waleed Bin Hamad Al Bathi as the company’s new CEO during a meeting held on 20 May.

The decision will be effective starting from 1 July, according to a filing to the Saudi Stock Exchange (Tadawul) on Sunday.

In the first quarter of 2019, Alasmak posted a 54.33% year-on-year jump in its losses, recording SAR 9.24 million.