Sulaiman Al Habib CEO steps down; Faisal Al Nassar appointed as Acting CEO

09/10/2022 Argaam
Logo ogDr. Sulaiman Al Habib Medical Services Group

Logo og Dr. Sulaiman Al Habib Medical Services Group

Dr. Sulaiman Al Habib Medical Services Group's (HMG) board of directors accepted on Oct. 8 the resignation tendered by Nasser Mohammed Al Huqbani from his post of the Chief Executive Officer (CEO), the company said in a statement to Tadawul.

 

The resignation will take effect from Nov. 1.

 

Al Huqbani, however, will continue to hold his board membership as a non-executive member.

 

The group’s board ratified the appointment of Faisal bin Abdullah Al Nassar as Acting CEO, as of Nov. 1.

 

Al Nassar holds a bachelor's degree in accounting and information systems from the College of Industrial Management (CIM) at King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran.

 

He is also a board member and Chief Financial Officer (CFO) since 2011, in addition to a board member of all the group’s subsidiaries.

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