STC names new chairman, vice-chairman
Dubai, April 29, 2012
Saudi Telecom Co (STC), the leading telecoms operator in the region, has appointed Abdulaziz Al-Suqair as chairman and Mohammad Al-Kharashi as vice-chairman, the former monopoly said on Sunday.
The pair were appointed for a period of three years at a company board meeting on Saturday, STC said in a statement to the Saudi bourse.
Earlier this month, STC said chief executive Saud Al-Daweesh will step down, effective October 1. – Reuters