Zain KSA’s CEO, Hassan Kabbani, resigns; board appoints Peter Kaliaropoulos as new CEO
Zain KSA’s [7030.SE] CEO, Hassan Kabbani, has submitted his resignation for personal reasons, and the board appointed Peter Kaliaropoulos as the company’s new CEO. The appointment of Kaliaropoulos is effective 1 January 2017. Kaliaropoulos has over 30 years of experience in the international ICT sector, and his most recent role was the General Manager of (touch) in Lebanon. (Company disclosure) Zain KSA: SAR8.45 as of 06 December 2016, Rating: Neutral, TP: SAR6.56 per share, MCap: USD1,315mn, ZAINKSA AB / 7030.SE
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