Morabaha Marina Appoints Al-Jasser as CEO Effective December

MRNA +0.71%

MRNA

4082.SA

8.56

+0.71%

Morabaha Marina Financing Co. announced on November 23, 2025, that its Board of Directors has appointed Mr. Khalid bin Sulaiman Al-Jasser as Chief Executive Officer, following approval from the Saudi Central Bank. Mr. Yousef bin Abdullah Al-Yousef will step down as Acting CEO effective December 1, 2025, but will continue as Chief Financial Officer. Al-Jasser brings over thirty years of experience in banking, institutional transformation, and corporate governance, having held senior leadership positions at Bank Albilad, Arabian Centres Company, and Saudi Real Estate Company, and served as Chairman of STC Pay.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=91661&anCat=1&cs=4082&locale=ar

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