Riyadh-Mubasher: Bawan Holding announced that its CEO Sulaiman bin Ayesh Abu Lehyah submitted his resignation on 30 November for personal reasons, according to a bourse statement on Thursday.
The board approved the resignation to be effective as of 1 January 2016.
The statement added that the board appointed Abdulrahman bin Ibrahim Almdemig to temporarily occupy the position of CEO beside his current his duties as vice president of business development department.