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Arabian Centres Co.’s (ACC) board of directors approved the resignation of Chief Executive Officer (CEO), Faisal Abdullah Al Jedaie, effective as of Jan. 31, 2022, according to a bourse filing.
The board of directors also named Mohamed Rafic Mourad as the acting CEO as of Feb. 1, 2022, until further notice.
Mourad has 28 years of experience in the fields of technology, retail, consumer goods and e-commerce. He holds a Bachelor of Science with honors from the Lebanese American University, in 1994.
In May 2020, the company’s board of directors approved the appointment of Al Jedaie, following the resignation of the previous CEO, Olivier Nougarou, from his position on May 14, Argaam reported.
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