Al Othaim Markets appoints new CEO

Al Yahya Abdul Latif Al Othaim Markets Company announced the resignation of the CEO, Mowafaq Abdullah Mubrah, from his position due to personal circumstances. The company has decided to temporarily appoint Board Member and Managing Director, Abdul Malik Abdullah Al Othaim, as Acting CEO until the official appointment process is completed. Al Othaim will assume responsibilities for managing the company during the transitional period starting from August 19, 2026. He brings extensive experience in the retail and financial services sectors, along with high academic and professional qualifications, aiming to ensure stability in performance and to achieve the company's objectives.

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