Almunajem Foods Names Ali El Zain CEO Effective January 2026
ALMUNAJEM 4162.SA | 52.45 | +0.67% |
Almunajem Foods Co. announced on November 16, 2025 that its Board of Directors has accepted the resignation of CEO Eng. Thamer Bin Abdulaziz Abanumay, effective December 31, 2025, though he will retain his position as a board member. The board has appointed Mr. Ali Hasan El Zain, currently serving as deputy CEO, as the new Chief Executive Officer effective January 1, 2026. El Zain brings over 24 years of experience in international trade and logistics, having previously held senior leadership positions at DSV Logistics, Agility Logistics, and Finatrade Group.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91539&anCat=1&cs=4162&locale=arImportant Notice: The announcement information and market data in this report are sourced directly from the Saudi Exchange (Tadawul). This summary is generated by Sahm’s proprietary AI model for informational purposes only. While we strive for accuracy, it should not be construed as financial advice or an investment recommendation.
