Riyadh – Mubasher: The Arabian Company for Agricultural and Industrial Investment (Entaj) has accepted the resignation of the CEO Raja bin Mohammed Al Harbi effective 17 May 2026.
The company subsequently delegated Ahmed Zain Abu Sharakh to assume the duties of the CEO on an acting basis, according to a bourse filing.
The resignation of Al Harbi was made effective on the same day as the board’s approval. Meanwhile, the former CEO cited special circumstances as the reason for his departure from the leadership role.
Meanwhile, the appointment of Abu Sharakh was also ratified during the board session on 17 May 2026, and he is scheduled to officially commence his duties on 18 May 2026.
The delegated CEO has an extensive professional background, bringing more than 28 years of experience in various executive and leadership capacities. Notably, he has held significant positions at the Mohammed Yousuf Naghi Group and the global food and beverage firm Kraft Foods.
His professional history further includes leadership tenures at the Savola Group, a prominent entity in the food and retail sectors, and Fine Hygienic Holding.
Additionally, Abu Sharakh has served in executive roles at the Omar Kassem Alesayi Group and Halwani Bros, a major manufacturer in the food industry. This diverse experience across the consumer goods, industrial, and agricultural sectors is expected to support the company’s operational stability during this interim period.
