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Jabal Omar appoints new CEO

Jabal Omar appoints new CEO
Jabal Omar Development Company's new CEO - Archive photo from Euromoney
JABAL OMAR
4250
1.34% 26.40 0.35

Riyadh – Mubasher: The board of directors of Jabal Omar Development Company approved to appoint Khalid Mohammed Al Amoudi as the company’s new CEO based on the nomination and remuneration committee’s recommendations.

The newly appointed CEO will be joining Jabal Omar Development in November 2019, the company disclosed to the Saudi Stock Exchange (Tadawul) on Sunday. Al Amoudi holds a bachelor’s degree in Industrial Management and Marketing from King Fahd University of Petroleum and Minerals.

He has a 30-year experience in management, development, as well as real estate financing and marketing fields. Additionally, he had assumed several executive positions in many Saudi banks and firms, while his last performance was the managing director of the Real Estate Development Fund (REDF), and the general supervisor of Sakani project.

In May 2019, Jabal Omar Development’s board accepted the resignation of the CEO Yasser Faisal Al Sharif, which was submitted on 24 May for personal reasons.