Al-Othaim Markets Appoints Abdulmalik Al Othaim as Managing Director
A.OTHAIM MARKET 4001.SA | 0.00 |
On August 12, 2026, Abdullah Al Othaim Markets Co.(4001.SA) announced that its Board of Directors approved the resignation of Mr. Muaffaq Abdullah Mobarah from his position as Executive Board Member, effective the same date, citing personal reasons. To fill the vacant seat, the Board appointed Mr. Abdulmalik Abdullah Al Othaim as Executive Board Member and Managing Director, also effective August 12, 2026, to complete the current board term. Mr. Al Othaim holds a B.S. degree from Suffolk University, USA (2020), and currently serves as CEO of Abdullah Al Othaim Investment Company, bringing extensive experience in retail, financial services, investments, and strategic planning. The appointment remains subject to ratification at the Company's next General Assembly Meeting.
Original announcement:
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