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Amak ends CEO contract, names managing director
The Maaden Aluminium Company (MAAM) announced the amicable termination of its contractual relationship with CEO Geoffrey Macdonald Day, and appointed Savas Sahin as a Board Member and Managing Director of the company effective August 13, 2026. Sahin, who has over 28 years of experience in the mining sector, previously served as the company's Chief Executive Officer and has been a member of its Board of Directors since January 2022. He played a pivotal role in restructuring the company and preparing it for an initial public offering in the Saudi market. This leadership change aims to strengthen operational management and strategic direction, leveraging his professional and academic expertise, and reflects the company's desire to benefit from his capabilities in leading the next phase.
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