Fawaz Al Hokair’s [4240.SE] Board of Directors (BoD) has approved the appointment of Atul Singh as the company’s new chief executive officer (CEO) effective 1 April 2017, following the resignation of Simon Marshal in October 2016. Sigh, who holds a BA in Business and MBA from Texas Christina University, has previously served as CEO of Coca Cola Asia Pacific region, with operations in 36 countries and held leadership positions in Colgate-Palmolive in Europe and Africa. (Tadawul)   Al Hokair: SAR31.50 as of 12 Feb. 2017, Rating: Neutral, TP: SAR27.00/share, MCap: USD1,764mn, ALHOKAIR AB/4240.SE