Red Sea International Company announced that on April 28, 2019, the Board of Directors approved the resignation of Eng. Abdulaziz Gabel (Executive Board Member) from his post as the Company CEO, which he has submitted on March 31, 2019 due to personal reasons. The resignation shall be effective from 30-04-2019, while Eng. Gable shall remain as a (Non-Executive) Member of the Board. Also, on 28-04-2019 corresponding to 23-08-1440, the Board of Directors approved the appointment of Mr. Tareq Mohammed Telmesani, as the CEO of Red Sea International Company effective from 01-05-2019 corresponding to 26-08-1440. Mr. Tareq Telmesani has more than 40 years of versatile experience in senior management, which was acquired through undertaking numerous executive and leadership positions in various sectors, including real estate development, industry, retail, investment, economic and industrial consultancy, training and development. He began his career in 1979 when he joined Aramco Company. Subsequently, he assumed a number of executive positions in leading companies including Saudi Automotive Services Company (SASCO), Savola Group. He also became the CEO of Jeddah Development & Urban Regeneration Company, the CEO of Knowledge Economic City Company and the CEO of Akhumasia International Real Estate Development Company, in addition to founding and managing the Arabian Development and Industrial Investment Group Company, and Lead Recovering Plant.