Riyadh – Mubasher: Jabal Omar Development Company announced Abdulrahman Abdulqader Bajunaid’s resignation from his position as CEO, according to a bourse statement.
The resignation will be effective from 30 April 2025. Meanwhile, Saleh Habdan Alhabdan will succeed as the new CEO, effective on 4 May.
Alhabdan holds a master’s degree in Industrial Engineering Sciences and has more than 33 years of professional experience after taking over several positions and responsibilities.
He was appointed as the CEO of Sircon General Contracting Company for 12 years. In mid-2019, he served as the CEO of Taiba Investments.
The development company posted net profits valued at SAR 200.07 million in 2024, an annual leap of 433.80% from SAR 37.48 million.
