Riyadh – Mubasher: Taiba Investments Co announced that its board of directors has approved the appointment of Saleh Habdan Abdullah Al Habdan as its new CEO starting from 1 July.

The board amended the effective date of the resignation of its former CEO Qassem Abdul Ghani Al Maymani to be 30 June instead of 20 July, the company said in a statement to the Saudi Stock Exchange (Tadawul) on Wednesday.

With more than 27-year experience in general contracting, Al Habdan held many positions in local companies including the CEO of Cercon General Contractors Company.

In May, the Saudi-based company’s board approved the resignation of its CEO, Qassem Abdul Ghani Al Maymani, for personal reasons.