On May 12, 2026, Almarai Company announced the resignation of Chief Financial Officer Danko Maras for family reasons, effective July 1, 2026, after six years of service. The company simultaneously appointed Ikram Ulhaque as the new CFO, effective the same date. Ulhaque brings nearly twenty years of experience with Almarai, most recently serving as Head of Finance for the Almarai group, and holds an MBA from the University of Sydney and is a member of the Institute of Chartered Accountants in Australia and New Zealand.

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