Almarai's [2280.SE] Board of Directors (BoD) appointed Suliman bin Abdulkader Al Muhaidib as Vice-Chairman for the current term, which started on 7 August 2016 and ends on 6 August 2019. Al Muhaidib has been a member of the company's BoD since August 2010 and is currently the Chairman of Al Muhaidib Group, Savola Group [2050.SE], Rafal Real Estate Co. (RAFAL) and Al Oula Real Estate Development Co. He is also a member of the BoD of Saudi British Bank (SABB), National Industrialization Co. and the Arabian Company for Water & Energy Development (ACWA Power).
Almarai: SAR68.70 as of 27 Mar. 2017, Rating: Neutral, TP: SAR54.50/share, MCap: USD14,656mn, ALMARAI AB/2280.SE