AYYAN Investment company Announces Resignation and Appointment of the Chief Executive Officer
| Element List | Explanation |
|---|---|
| Introduction | AYYAN investment company announces the Board of Directors’ resolution to accept the resignation of Mr. Raed Mohammed Al-Naeem from his position as Chief Executive Officer of the company, effective 23/4/1448H, corresponding to 04/10/2026G, Due to Special reasons. The Board of Directors has also resolved to appoint Mr. Muhammed Abdulaziz AL-Nuwaiser as Chief Executive Officer of the company, effective 23/4/1448H, corresponding to 4/10/2026G. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Raed Mohammed Al-Naeem |
| Resignation Acceptance Date | 2026-10-04 Corresponding to 1448-04-23 |
| Resignation Effective Date | 2026-10-04 Corresponding to 1448-04-23 |
| Reasons for Resignation | Special reasons |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Muhammed Abdulaziz AL-Nuwaiser |
| Date of Board Resolution | 2026-10-04 Corresponding to 1448-04-23 |
| Date Work Commencement | 2026-10-04 Corresponding to 1448-04-23 |
| Brief Resume | Mr. Muhammed has more than 20 years of professional experience in the financial and banking sector, during which he has held several senior leadership and executive positions. Most recently, he served as Head of the UAE and the Dubai International Financial Centre (DIFC) branches of the Saudi National Bank He has extensive expertise in investment, financial markets, treasury, liquidity management, financing, and capital management, in addition to developing and executing strategies, strengthening operational efficiency, and corporate governance. Mr. Muhammed holds a bachelor’s degree in aerospace engineering science from King Fahd University of Petroleum and Minerals and a Master's degree in Advanced Finance from IE Business School in Madrid. |
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