Basic Chemical Industries Co. Announces Resignation of a CEO

IntroductionThe Basic Chemical Industries Company announces that the Board of Directors decided, by passing, on Jumada Al Thani 7, 1442 AH, corresponding to January 20, 2021 AD, to accept the resignation of Mr. Ossama Farouk Abdel Hamid from his position as CEO of the company due to his personal reasons.

The Board of Directors expressed its thanks to Mr. Osama Farouk for his services and contributions throughout his service in the company, wishing him success.

Name of the Resigned CEOOssama Farouk Abdel Hamid
Resignation Acceptance Date2021-01-20 Corresponding to 1442-06-07
Resignation Effective Date2021-01-20 Corresponding to 1442-06-07
Reasons for Resignationpersonal reasons

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