Riyadh – Mubasher: Saudi Advanced Industries Company (SAIC) has appointed Mohammed Abdul Aziz Al Shtawi as the new CEO of the company.
Al Shtawi will occupy the position starting from 16 May, according to a bourse filing on Tuesday.
The new official has experience as a consultant to the Ministry of Finance. Al Shtawi has recently worked as the Chief Financial Officer (CFO) at Jada Fund of Funds.
It is worth noting to mention that SAIC achieved net profits after Zakat and tax worth SAR 91.13 million in 2021, a surge of 249.55% compared to SAR 26.07 million a year earlier.
