48 Days
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Lijain CEO Retires; Al-Mutairi Appointed
Alujain Corporation announced the resignation of CEO Khalid bin Muhammad Al-Daud due to reaching the retirement age, with a prior agreement for his return after a short break. It has been decided to temporarily appoint Mohammed bin Khalid Al-Mutairi, Vice President for Administrative Affairs, as acting Chairman of the Board starting from September 14, 2026, to ensure continuity of operations. Al-Daud is expected to resume his original duties after re-contracting within 15 days. This measure is part of procedures to ensure the preservation of administrative efficiency and expertise during the transitional phase.
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