Alamar CFO resigns, Mario Jimenez takes over

01/09/2024 Argaam
Logo ofAlamar Foods Co.

Logo of Alamar Foods Co.

Alamar Foods Co. announced the decision of Chief Financial Officer (CFO) Yasser El-Masry to step down from his position to pursue a new career experience.

 

In a statement to Tadawul, the company pointed out that Mario Jimenez will be appointed as the group's new CFO, effective Sept. 2.

 

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Jimenez has more than 24 years of experience in financial management, in addition to his extensive experience in managing pricing strategies within multinational companies worldwide, namely in the Middle East and North Africa region.

 

He holds a master’s degree in finance and a bachelor’s degree in economics from the University of Alcalá in Spain, as well as an MBA from IE Business School in Spain.

 

Yasser El-Masry will continue working for an extended period to ensure a smooth and easy handover and transition of responsibilities. Moreover, El-Masry will continue his role in some vital projects as necessary for the company’s growth and transformation.

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