Retal Urban Development Appoints New CEO and Managing Director
RETAL 4322.SA | 15.10 | +0.33% |
Retal Urban Development Company announced on April 13, 2026 that its Board of Directors approved the appointment of Eng. Abdullah bin Faisal bin Abdulaziz AlBraikan as Managing Director, effective April 13, 2026, following his promotion from Chief Executive Officer. The Board simultaneously appointed Eng. Kamal bin Ahmed Mohammed Ahmed as the new Chief Executive Officer, succeeding AlBraikan in that role. The leadership changes are part of the company's continued growth strategy and commitment to strengthening corporate governance practices to achieve strategic objectives and maximize shareholder value.
Original announcement:
https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=94357&anCat=1&cs=4322&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.
