Saudi Arabian Mining Co. (Ma’aden), Riyadh, CEO Mosaed bin Suliman Al Ohali has resigned from the position, effective April 25, for personal reasons, the Saudi company announced in a stock exchange filing. Al Ohali has been Ma’aden’s CEO for just over 12 months, and replaced Darren Davis, who had held the role since July 2018.
Abdulaziz bin Asker Al Harbi has been appointed Ma’aden’s acting CEO until further notice. Al Harbi has more than 33 years of experience in industrial management and operation, and has been a board member and chairman in several companies. He joined Ma’aden in 2007 as President of Ma’aden Phosphate Co., and has held several other executive positions at the company, most recently being appointed as an Executive Vice President, Shared Services & Security.
Before joining Ma’aden, from 1987Al Harbiworked for Saudi Basic Industries Corp. (SABIC), where his last position was Director General, Operation, Technical, and Expansion at Saudi Arabian Fertilizer Co. (now known as SABIC Agri-Nutrients Co.), an affiliate of SABIC.
Al Ohali has also resigned as a Ma’aden executive board member.