Z7_K8M0I8402PTU806OF5GPF03SV3

RIYADH STEEL

03 December, 2024 15:57

Riyadh Steel Co. Announces Resignation and Appointment of a CEO

Element ListExplanation
Introduction Riyadh Steel Company announces that the Board of Directors has approved the acceptance of the resignation of the CEO by circulation, Mr. Ahmed bin Abdulkarim Al-Nafea, with his last working day to be on 31/12/2024. The members of the Board of Directors express their sincere gratitude and appreciation for Mr. Ahmed bin Abdulkarim Al-Nafea’s contributions to the company during his tenure and wish him continued success in his future endeavors. Additionally, the Board of Directors has decided, by circulation, to appoint Mr. Abdullah Radhwan Ali as the Acting CEO, with his first working day to be on 31/12/2024.
Element ListExplanation
Name of the Resigned Person Ahmed bin Abdulkarim Al-Nafie
Resignation Acceptance Date 2024-12-03 Corresponding to 1446-06-02
Resignation Effective Date 2024-12-31 Corresponding to 1446-06-30
Reasons for Resignation Upon his request.
Element ListExplanation
Appointment Type Delegation
Name of the Appointed Person Abdullah Radhwan Ali
Date of Board Resolution 2024-12-03 Corresponding to 1446-06-02
Date Work Commencement 2024-12-31 Corresponding to 1446-06-30
Brief Resume Engineer Abdullah Radhwan Ali holds a Bachelor's degree in Engineering Management in Manufacturing and Production from Prince Sultan University, graduating in 2018. He has over 7 years of professional experience across various industrial sectors. He began his career in supply chain management and has worked in the management of development and strategic projects, contributing to the development and enhancement of processes and performance in the companies he has worked in.

Other Announcements

SAUDI CABLE
2025-07-10

Saudi Cable Company Announces the Latest Developments in the Company’s Previous Announcement Regarding the Issuance of the Judicial Ruling Including: Proof of the responsibility of the former Financial Restructuring Procedure Trustee for violating the provisions of the Bankruptcy Law and Invalidity of the Procedure of the list of creditors' claims submitted to the Court

Read More
SHL
2025-07-10

SHL Finance Co. announces the opening of the nomination period for the board of director’s membership

Read More
ADEER
2025-07-10

Adeer Real Estate Company announces the signing of an agreement with Sumou Global Investment Company

Read More
Z7_K8M0I84021EV8060AAR40C00B7