Tibbiyah Names Mostafa as CEO Replacing Lala

TIBBIYAH +3.29%

TIBBIYAH

9530.SA

22.00

+3.29%

Arabian International Healthcare Holding Company (Tibbiyah) announced on January 26, 2026, that the contract of current CEO Christophe Yvon Lala will not be renewed by mutual consent, effective February 28, 2026. The company has appointed Mohammad Mostafa as the new CEO, effective March 1, 2026, following Board approval on January 25, 2026. Mostafa brings over 28 years of healthcare leadership experience, most recently serving as Vice President at Philips Health Systems for the Middle East, Türkiye & Africa region. His mandate includes leading business transformation, supporting growth initiatives, and advancing innovation in alignment with Saudi Arabia's Vision 2030.

Original announcement:

https://www.saudiexchange.sa/wps/portal/saudiexchange/newsandreports/issuer-news/issuer-announcements/issuer-announcements-details/?anId=92802&anCat=1&cs=9530&locale=ar

Important 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.