Riyadh, Saudi Arabia— BinDawood Holding Co. has announced the resignation of its CEO Ahmad Abdulrazzag BinDawood from the company.
According to a bourse filing, he is stepping aside from his duties due to “personal reasons”, after having served as the company’s CEO for almost six years.
The effective resignation date was Sept. 4, and the company said it will announce any developments regarding the appointment of a replacement in due course.
BinDawood Holding Co. is a leading grocery retail operator of hypermarkets and supermarkets in the kingdom.