Al-Sherif previously held various positions at a number of Saudi companies in the finance and banking sector
Saudi Arabia's Jabal Omar Development has appointed Yasser al-Sherif as its new chief executive, the firm said in a statement on Wednesday.
The appointment comes in light of a new company strategy that depends on dynamic leadership to help support and improve its performance, Jabal Omar said.
Al-Sherif previously held various positions at a number of Saudi companies in the finance and banking sector, including heading risk management at Saudi banks and is a board member on other publically listed and private Saudi companies, the statement added.
Jabal Omar signed an agreement with the Ministry of Finance to defer payments on a 3 billion riyal ($800 million) loan, it said in February.For all the latest construction news from the UAE and Gulf countries, follow us on Twitter and Linkedin, like us on Facebook and subscribe to our YouTube page, which is updated daily.