Amlak International Real Estate Finance Co. announced that its board of directors accepted on October 31, 2022 the resignation of Mr. Abdullah bin Turkey Al-Sudairy from his position as CEO, while continuing his membership in the Board of Directors as Managing Director (Executive) and that the resignation from the position of CEO will take effect on January 03, 2023, In addition, the board of directors has approved the appointment of Mr. Adnan bin Abdul Rahman Al-Shubaily as CEO of the company after obtaining the Saudi Central Bank non objection. Starting his position on January 3, 2023.

Mr. Adnan bin Abdulrahman Al-Shubaily has a diversified experience of more than 15 years in several fields in the banking and technical sector. Mr. Adnan bin Abdulrahman Al-Shubaily held several positions, the most recent of which was the Chief Business Officer at Thiqa Company and Chief Digital Officer at Gulf International Bank. Mr. Adnan bin Abdulrahman Al-Shubaily holds a master's degree in Internet Application Development from Middlesex University - United Kingdom, and a Bachelor's degree in Information Technology from the University of Hertfordshire - United Kingdom.