Riyadh – Mubasher: Saudi Real Estate Company (Al Akaria) has appointed Khalid bin Sulaiman Al Jasser to be the new CEO.

This disclosure comes in light of the resignation of Kelvin Kwok from his position as the CEO of Al Akaria starting 8 December 2019.

Despite his resignation from the CEO position, Kwok will continue to support Al AKaria’s business as an advisor to the chairman from the date of his resignation.

As announced in a bourse filing on Sunday, Al Jasser has been in the banking field for over 30 years during which he was the CEO of Bank Albilad. Moreover, he is currently the chairman of STC pay.