ACC Announces Resignation of Faisal Al-Jedaie, CEO of Arab Centers

Arabian Centres Co. (“ACC” or the “Company”) announced on Sunday that the board of directors has accepted the resignation of the CEO Mr. Faisal Abdullah Al-Jedaie effective from 31 January 2022.

On this occasion, the Board of Directors and all employees of the Company extend their appreciation and gratitude to Mr. Faisal for his valuable contributions to the Company as CEO.

Also, the Board of Directors has approved to delegate the MD Mr. Mohamad Rafic Mourad with the responsibilities of the CEO role of ACC effective from 01 February 2022 until further notice.

Mr. Mourad brings along 28 years of global management experience in technology, retail, consumer goods and e-commerce. Mr. Mourad holds a Bachelor of Science with Honors at Lebanese American University, in 1994 and an MBA at INSEAD, France, in 2001, the company concluded.