Safco CEO resigns; Mohammed Al-Hajaj named successor

SASCO announced the acceptance of the resignation of CEO Riyad bin Saleh Al-Malek, effective July 31, 2026, due to personal reasons. He will remain a member of the Board of Directors. Muhammad bin Hajjaj Al-Hajjaj has been appointed as the new CEO, starting August 1, 2026. He holds a Bachelor's degree in Electrical Engineering and a Master's degree in Engineering Management, bringing extensive experience in management and investment. He previously served as CEO of ENGIE.

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