Riyadh – Mubasher: Umm Al Qura Cement Company has decided on 24 August to appoint Magid Tarik Salah Gharbawi as the new CEO of the company.

Gharbawi will assume the new position as of 20 October 2021, according to a bourse disclosure on Tuesday.

The new official has more than 17 years of experience in the financial and banking sector.

Earlier this month, Umm Al Qura Cement accepted the resignation of its CEO, Fawaz bin Saleh Al Mutairi.