SADIRAT names new MD; CEO resigns
Saudi Industrial Export Company (SADIRAT) has announced the appointment of Ghassan Abdulrahman Al-Haidari as Managing Director, effective September 1, 2024.
Al-Haidari brings over 15 years of leadership experience to his new role. Most recently, he was the Co-founder and Managing Director of Connect Global Consultancy and Khozama. He also served on the Audit Committee for the Saudi Industrial Export Company and was a Board Member and Chairman of the Audit Committee for Berain Water. Previously, he held positions such as Managing Partner at AlMontage, Strategic Advisor at Burhan Almarifa, CEO of Yazeed AlRajhi and Brothers Holding Company, Financial Analyst at Riyadbank, Committee Member at the Riyadh Chamber of Commerce & Industry, Strategic Advisor at Scopeer, and Board Member and Executive Committee Member at Gulf Biotech.
Academically, Al-Haidari holds an MBA in Finance from the University of Colorado and a Bachelor of Science in Administrative Science with a focus on Marketing from King Saud University.
Announcing the appointment on Tadawul, the company stated, "The Board of Directors, in its meeting held on 15-02-1446 AH (corresponding to 19-08-2024 AD), approved the appointment of Board Member Mr. Ghassan Abdulrahman Al-Haidari (Independent Member) as Managing Director of the Company and amended his membership status to (Executive Member), effective 28/02/1446 AH (corresponding to 01/09/2024)."
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Additionally, the company announced the resignation of CEO Dr. Sulaiman bin Hamad Al-Jedaie, effective immediately, following his request not to renew his contract. The company stated, "The Board of Directors, in its meeting held on 15/02/1446 AH (corresponding to 19/08/2024 AD), accepted the request of Chief Executive Officer Dr. Sulaiman bin Hamad Al-Jedaie not to renew his contract. The Board of Directors and all employees extend their sincere thanks and appreciation to Dr. Sulaiman Al-Jedaie for his effective role and productive efforts during his tenure, wishing him success in his future endeavors. The Company will announce any material developments in due course."