BATIC Investments and Logistics Co. Announces the Resignation of the Managing Director and the Assignment of a Chief Executive Officer
| Element List | Explanation |
|---|---|
| Introduction | BATIC Investments and Logistics Co. announces that the Board of Directors has approved the resignation of Eng. Mohammed bin Saud Al-Zamil, submitted on 31/08/2025, from his position as Managing Director of the Company, effective 30/09/2025. He will continue to serve as a member of the Board of Directors to pursue his professional career path.
Based on the recommendation of the Nomination and Remuneration Committee, the Board has approved the appointment of Eng. Abdulmalek bin Mubarak Al-Mudarr’a as Chief Executive Officer of the Company, effective 01/10/2025.
The Board of Directors extends its sincere appreciation to Eng. Mohammed bin Saud Al-Zamil for his efforts in the executive management of the Company and wishes him continued success in his future endeavors. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Eng. Mohammed bin Saud AlZamil |
| Resignation Acceptance Date | 2025-08-31 Corresponding to 1447-03-08 |
| Resignation Effective Date | 2025-09-30 Corresponding to 1447-04-08 |
| Reasons for Resignation | Upon his request, to pursue his professional career path |
| Element List | Explanation |
|---|---|
| Appointment Type | Delegation |
| Name of the Appointed Person | Eng. Abdulmalek bin Mubarak Al-Mudarra |
| Date of Board Resolution | 2025-08-31 Corresponding to 1447-03-08 |
| Date Work Commencement | 2025-10-01 Corresponding to 1447-04-09 |
| Brief Resume | Eng. Abdulmalek Al-Mudarra holds a Bachelor’s degree in Civil Engineering with honors from King Saud University in Riyadh. He has strong skills and diverse experience in project management and strategic leadership. Since 2023, he has served as the General Manager of BATIC Real Estate (a subsidiary of BATIC), and he is also the Managing Director of the Saudi Transport and Investment Company “Mubarrad.” |
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