Jabal Omar Development Co.’s board of directors approved on May 7 Khalid Al-Amoudi's resignation as Chief Executive Officer (CEO) effective May 30, 2024, to pursue his career.
The company’s board of directors appointed Vice Chairman Saad Ben Aiban as CEO effective May 31, according to a statement to Tadawul.
Ben Aiban has served as chief of the project management sector at Jabal Omar since 2021 and has more than 38 years of experience in the field of megaproject management.
His experience further includes many positions, such as Vice President of Projects at Saudi Arabian Mining Co. (Maaden) and director of contracts and procurement for mega projects in Saudi Basic Industries Corp. (SABIC), as well as several positions in Saudi Arabian Oil Co.'s (Saudi Aramco) subsidiary.