| Element List | Explanation |
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| Announcement Detail | Almarai Company announces the acceptance of the resignation of the company’s Chief Financial Officer, Mr. Danko Maras, which he submitted for family reasons, effective from July 1, 2026. The company’s Board of Directors and Executive Management extend their sincere thanks and appreciation to Mr. Danko Maras for his valuable contributions and outstanding leadership efforts during his six-year tenure, wishing him continued success and prosperity. The company also announces the appointment of Mr. Ikram Ulhaque as the company’s Chief Financial Officer, effective July 1, 2026, wishing him success in his new position. Mr. Ikram Ulhaque is a prominent financial leader who has spent nearly twenty years with the company, holding several pivotal leadership positions across commercial, operational, and corporate sectors. Most recently, he served as the Head of Finance for Almarai group, a role that provided him with a comprehensive and in-depth understanding of the company's operations, business model, and long-term strategy. Mr. Ikram Ulhaque holds a Master of Business Administration degree from the University of Sydney, Australia, and a bachelor’s degree in economics with a specialization in Accounting from Macquarie University, Australia. He is also a member of the Institute of Chartered Accountants in Australia and New Zealand. |
