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13-Jan-2016

Mobily appoints new Chairman and Managing Director

The Board of Directors of Etihad Etisalat (Mobily) [7020.SE] has appointed Mr. Sulaiman Abdulrahman Al Gwaiz as Chairman of the Board, effective the first of December 2015 for a period of three years and the appointment of Mr. Khalifa Hassan Al Shamsi as Managing Director. According to Bloomberg, other members of the board include Mr. Serkan Okandan, Etisalat Group’s [ETEL.AD] CFO. (Tadawul, Bloomberg)   Mobily: SAR29.39 as of 23 November 2015, Rating: Neutral, FV: SAR38.11 per share, MCap: USD6,035 million, EEC AB / 7020.SE

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