Yanbu Cement appoints board Chairman for new term

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Riyadh – Mubasher: Yanbu Cement Company announced on 6 July 2026 the appointment of its leadership and the formation of board committees for a new four-year term.

The current session, which commenced on 30 June 2026, is scheduled to conclude on 29 June 2030, according to a bourse filing.

The board of directors appointed Mohammed bin Abdullah Al Khereiji, a non-executive member, as Chairman.

Riyadh bin Abdulrahman Aba Alkhail was named Vice Chairman, also serving in a non-executive capacity. Additionally, Nabil bin Mohammed Baghdadi was appointed as the Secretary of the board.

The company also finalized the composition of its primary committees. The Executive Committee will include Abdulaziz bin Abdullah Al Habardi, Awad bin Mohammed Al Maker, Omar Jahidji, and Ali bin Abdullah Al Aied.

The Remuneration and Nominations Committee will be comprised of Fahad bin Ibrahim Al Jumiah, Riyadh bin Abdulrahman Aba Alkhail, and Nawaf bin Fahad Al Rajhi. Yanbu Cement noted that the formation of the Audit Committee for the current term will be disclosed in a separate announcement.

This leadership structure follows the general assembly meeting held on 15 June 2026, where the board members were initially elected.

Last month, the company issued a formal update regarding the financial implications of fuel price adjustments implemented by Saudi Aramco. It anticipates a direct increase of 4% in its total production costs as a result of the revised pricing for fuel products used in its manufacturing operations.

Source: Mubasher Source: {{details.article.source}}