Abdullah Al-Shuaibi was appointed to head the Board of Directors of Ratio, succeeding Fares Al-Hamid.
The specialized ratio trading company announced "Riccio"The Chairman of the Board of Directors, Fares Al-Hamid, submitted his resignation from his position as Chairman of the Board of Directors and from his membership in the Board.
The company said in a statement on its website "Saudi Arabia trading"Board of Directors member Ahmed Abdullah II submitted his resignation from his membership in the Board, while retaining his membership in the Remuneration and Nominations Committee, on 05/20/2026. She added that the resignation was due to their personal circumstances, provided that the resignation takes effect from the date of its submission. Al-Shuaibi assumes the duties of Chairman of the Board of Directors until the appointment of a Chairman of the Board of Directors.
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