MD Abdulmalik Al Othaim assigned the CEO’s duties, effective Aug. 19, 2026
Abdullah Al Othaim Markets Co. said its board of directors approved the resignation of CEO Muaffaq Mobarah for personal reasons. 
Managing Director Abdulmalik Al Othaim was assigned the CEO’s duties to oversee the company’s operations, effective Aug. 19, 2026, until a new CEO is appointed, according to a statement on Tadawul.
Abdulmalik Al Othaim holds a bachelor’s degree in science from Suffolk University in the US, obtained in 2020. He is a board member, Managing Director and Executive Committee member at the company.
He also serves as CEO of Abdullah Al Othaim Investment Co. and holds management and board positions at several other companies. He has extensive experience in retail, financial services, investments, financial research and analysis, and strategic planning.
MD Abdulmalik Al Othaim assigned the CEO’s duties, effective Aug. 19, 2026
Abdullah Al Othaim Markets Co. said its board of directors approved the resignation of CEO Muaffaq Mobarah for personal reasons.
Managing Director Abdulmalik Al Othaim was assigned the CEO’s duties to oversee the company’s operations, effective Aug. 19, 2026, until a new CEO is appointed, according to a statement on Tadawul.
Abdulmalik Al Othaim holds a bachelor’s degree in science from Suffolk University in the US, obtained in 2020. He is a board member, Managing Director and Executive Committee member at the company.
He also serves as CEO of Abdullah Al Othaim Investment Co. and holds management and board positions at several other companies. He has extensive experience in retail, financial services, investments, financial research and analysis, and strategic planning.
