Abdullah Al-Othaim Investment Company announced the decision of its Board of Directors to appoint Mr. Bandar bin Suleiman Al-Buhayri as the Chief Executive Officer and Managing Director of the company. This decision comes in line with the company’s strategic direction to enhance its leadership journey and achieve its future goals.
Al-Buhayri is considered one of the successful national leaders and experts, with a rich track record of experience and achievements through a long career, having held senior executive leadership positions, in addition to his membership in various boards of directors and committees.
Mr. Abdullah bin Saleh Al-Othaim, Chairman of the Board, expressed the confidence of the board members and their best wishes to the new CEO and Managing Director, wishing him success and support in fulfilling his responsibilities and assigned tasks. He emphasized that Al-Buhayri should continue his positive contributions to achieve the company’s aspirations and excellence, leveraging his experience to realize the company’s vision for sustainable growth and development. This vision aligns with the Kingdom's Vision 2030, which supports a transformative model requiring large and influential economic entities that keep pace with this transformation.
It is worth mentioning that Al-Othaim Investment Company is one of the largest investment firms in Saudi Arabia, with a significant presence both inside and outside the Kingdom. The company follows an ambitious strategy, currently working on the development of over 23 integrated projects with investments exceeding 30 billion riyals in several regions and cities across the Kingdom.
