Riyadh – Mubasher: Takween Advanced Industries Company’s board has announced the appointment of Ali Hassan Al Jameel as CEO effective 2 February 2020.

The appointment of Al Jameel takes place after the end of the commission of Jameel Abdullah Al Molhem, according to a bourse statement released on Wednesday.

Ali Hassan Al Jameel has assumed several leading positions over more than 23 years. He enjoys a vast experience in the development of major companies’ business.

It is worth highlighting that Takween turned to losses during the third quarter of 2019, suffering SAR 28.7 million, versus profits of SAR 442,000 in Q3-18.