GACO extends Faisal Al-Khamis' appointment as Managing Director

GACO headquarters

Al Gassim Investment Holding Co.’s (GACO) board of directors decided on April 29 to extend the appointment of Faisal Al-Khamis as Managing Director.

In a statement to Tadawul, GACO said this extension will last for three months, from May 1, 2024.

In October 2023, GACO’s board of directors named Al-Khamis (independent member) as Managing Director, Argaam earlier reported. His membership status would be amended to an executive member as of Nov. 1, 2023 until April 30, 2024, GACO had said.