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Riyadh — Mubasher: National Building and Marketing Company announced that its board of directors has approved the resignation of independent director and Audit Committee Chairman Saleh bin Abdulrahman Al Mahasen.
The resignation was submitted on 4 August 2026 due to personal circumstances, and became effective on the same date.
Al Mahasen had served on the National Building board since 24 January 2025, according to a bourse filing.
In a move to fill the vacancy, the board appointed Abdulaziz bin Ali Al Hudaib as an independent board member effective 5 August 2026.
Al Hudaib will serve for the remainder of the current board term, which is scheduled to conclude on 6 March 2028.
The new official brings over 36 years of experience in organizational transformation and international strategic procurement.
Al Hudaib’s professional background includes executive roles such as Vice President of Procurement and Logistics at Rajhi Steel and board positions at the Arab Iron and Steel Union, as well as SABIC subsidiaries in Italy and India between 1999 and 2002.
Meanwhile, the appointment remains subject to formal approval at the company's next General Assembly meeting.
In late June 2026, National Building announced the appointment of board leaders to serve in their positions until 2028.