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Consolidation of KHC’s Existing Executive Positions to CEO, Eng. Talal Almaiman

January 12, 2017

Kingdom Holding Company (KHC), chaired by HRH Prince Alwaleed Bin Talal Bin Abdulaziz Alsaud announces that  in view of streamlining the decision making process at the level of the executive management, its board of directors decided on 10/01/2017 to consolidate the company’s existing executive management positions consisting of the position of executive director for Development and Domestic Investments, executive director for International and Private Equity and executive director for Hotel Investments and to transfer all their related powers to Eng. Talal Ibrahim Almaiman as the company’s chief executive officer.  

 

About Kingdom Holding Company:

Founded in 1980, KHC is a publicly traded company which was listed on Tadawul (the Saudi Stock Exchange) in 2007. KHC is one of the world’s most successful and diversified business organizations, highly respected in the field of investments and recognized as an elite player regionally and internationally.