Najm accepts resignation of CEO, appoints Mohammed Al-Shehri as Acting CEO

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Riyadh: The Board of Directors of Najm for Insurance Services announced that it has accepted the resignation of Dr. Mohammad AlSuliman from his position as the Company’s CEO. The Board has also appointed Senior Vice President, Commercial Business Mr. Mohammed Yahya Al Shehri, as Acting CEO upon receiving the “no-objection” statement from the Saudi Central Bank (SAMA). Mr. Al Shehri will take on these duties as of January 1, 2023.

Mr. Mohammad Al-Shehri has over than 19 years of experience in the fields of insurance, traffic safety, commercial business and corporate strategies. Al-Shehri also holds a Bachelor’s degree in International Business Administration and several professional and specialized certificates.

The Chairman and members of Najm’s board thanked Dr. AlSuliman for his contributions to the Company and wished Mr. Al-Shehri success with his new duties.