Saudi MESC appoints new CEO

Riyadh – Mubasher: Middle East Specialized Cables Company (MESC) has appointed Fadhil Fawzan Alsaadi as the new CEO of the company.

Alsaadi has officially assumed the position on 5 April this year, according to a bourse disclosure on Tuesday.

The new CEO holds a bachelor’s degree in Engineering in the field of chemical engineering, with a 20-year experience in business leadership.

During the third quarter (Q3) of 2021, the Saudi company reported a net loss after Zakat and tax worth SAR 9.10 million, compared to profits of SAR 4.30 million in the same three months a year earlier.

 

Mubasher Contribution Time: 05-Apr-2022 14:07 (GMT)
Mubasher Last Update Time: 05-Apr-2022 14:07 (GMT)