Rishio CEO resigns, named Vice Chairman

Recyo, the dedicated trading company, announced that its Board of Directors has approved the resignation of the CEO, Abdul Latif Ibrahim Al-Melhem, and his appointment as Vice Chairman of the Board of Directors, effective from July 30, 2026. This change aims to enhance governance practices and clarify the division of roles between the executive management and oversight functions, with the goal of improving oversight efficiency and supporting strategic decision-making. Additionally, the decision seeks to develop the governance system and enable the company to benefit from Al-Melhem's expertise, who has contributed to achieving accomplishments and supporting the company's growth over the past years.

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تنويه: هذا ملخص تم إنشاؤه بواسطة الذكاء الاصطناعي

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