Saudi Ceramics Company (2040.SE) board of directors (BoD) has decided to appoint Mr. Hamad Abdulaziz AL Alsheikh as CEO of the company affective 3 October 2016, during the meeting held on 2 October 2016. Mr. Al Alsheikh holds an MBA and has worked previously in the Institute for Public Administration (IPA), Saudi Ceramics company, and recently, he was the Vice President for marketing and programmes at Saudi Commission for Tourism and Heritage. Earlier in June 2015, the company’s BoD had decided to appoint Mr. Ali Saleh Al-Naim as Acting CEO until the appointment of a new CEO. Saudi Ceramics: SAR26.81 as of 29 September 2016, Rating: Buy, FV: SAR48.00 per share, MCap: USD357mn, SCERCO AB / 2040.SE
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