Taqat Mineral Trading Company Announces the Termination of the Contractual Relationship with the CEO by Mutual Agreement and the Appointment of a New CEO
Taqat Mineral Trading Company announces that its Board of Directors issued a resolution on September 2, 2026, approving the termination by mutual agreement of the contractual relationship with the company’s Chief Executive Officer, Mr. Ali bin Muhammad Al-Hudhaif, while he will continue to serve as the company’s Managing Director effective September 2, 2026.
The Board of Directors also decided to appoint Engineer Abdulaziz bin Abdulkarim Al-Sudais as the company’s Chief Executive Officer effective Wednesday, September 2, 2026.
The Board of Directors extends its gratitude to Mr. Ali bin Muhammad Al-Hudhaif for his service to the company.
Element List
Explanation
Name of the Resigned Person
Mr. Ali bin Mohammed Al-Hudaif
Resignation Acceptance Date
2026-09-02 Corresponding to 1448-03-20
Resignation Effective Date
2026-09-02 Corresponding to 1448-03-20
Reasons for Resignation
Termination of the relationship by mutual agreement between the two parties.
Element List
Explanation
Appointment Type
Appointment
Name of the Appointed Person
Engineer Abdulaziz bin Abdulkarim Al-Sudais
Date of Board Resolution
2026-09-02 Corresponding to 1448-03-20
Date Work Commencement
2026-09-02 Corresponding to 1448-03-20
Brief Resume
Engineer Abdulaziz Al-Sudais holds a Bachelor’s degree in Industrial Engineering from King Saud University, alongside several accredited professional certifications—most notably Lean Six Sigma Black Belt (LSSBB) and Governance, Risk, and Compliance Professional (GRCP). He possesses 18 years of experience, during which he held various leadership and supervisory positions within a government entity.
Comments
Sorry!
You need to log in to your account on the website. If you don't have an account, you can register now to take advantage of this feature
Comments