Element List	Explanation
Introduction	Consolidated Grunenfelder Saady Holding Co (CGS) are pleased to announce that its Board of Directors has approved, on the 8th February 2026, the appointment of Mr. Ruban Bilen as the new Chief Executive Officer of the company effective from the 1st May 2026. The Board wishes Mr. Ruban Bilen success and prosperity in his new role as the company’s CEO.

Element List	Explanation
Appointment Type	Appointment
Name of the Appointed Person	Ruban Bilen
Date of Board Resolution	2026-02-08 Corresponding to 1447-08-20
Date Work Commencement	2026-05-01 Corresponding to 1447-11-14
Brief Resume	Ruban brings a wealth of experience to his new role with over 25 years of diverse, Global experience working for large publicly traded MNCs across Capital financing, Water treatment, Consulting engineering, EPC, and Vertical transportation industries. Prior to taking on the role of Group CFO at CGS, he was Regional CFO for Middle East & Africa at KONE Corporation for 6 years, where he also served as acting Regional CEO for 9 months. Ruban holds an Honours Bachelor of Commerce Degree from McMaster University in Canada, and holds the professional designation of CPA.