RIYADH: Emaar The Economic City Company (Emaar EC) appointed Assim Alsuhaibani as new Chairman and Jamal Bin Thaniah as new Vice-Chairman, a bourse filing revealed on Monday.
New appointments are to be effective as of October 25, 2021 until the current session of the company's board of directors, on September 25, 2023, the company said on Saudi Stock Exchange (Tadawul).
Emaar EC recently announced a change in the board membership as a result of the completion of the share subscription agreement between the company and a number of its major shareholders with the Public Investment Fund (PIF), according to Argaam.
Alsuhaibani is a Senior Director at the PIF.
