Etisalat’s Saudi unit Mobily has appointed a new chairman of the board and managing director, further bolstering its leadership team following new CEO and CFO appointments in July.
Mobily (TASI:7020), the Saudi subsidiary of Etisalat, has appointed a new chairman and managing director, its board of directors announced today.
In a stock exchange filing, the board said that Sulaiman Abdulrahman Al Gwaiz would become chairman of the board for a three-year term starting 1 December. Khalifa Hassan Al Shamsy, for his part, will become managing director.
In July, the company appointed a new CEO and CFO in the wake of accounting irregularities exposed last year.
Mobily, also known as Etihad Etisalat, is selling its towers, as is its competitor Zain KSA. Following a pause in both processes, the companies each held management presentations two weeks ago.