Riyadh – Mubasher: Lazurde Company for Jewelry has appointed Abdullah Abdulaziz Al Othaim as its new Chairman for the coming three years.
The board also named Saud Ghassan Al Sulaiman as the Vice Chairman, according to a bourse filing.
The two officials assumed their new roles for a new term that began on 26 April 2024 and will remain in position until 25 April 2027.
The appointment was first announced by the company's ordinary general meeting (OGM) on 21 April, when the new board of directors was also elected.
As of 31 December 2023, Lazurde registered 9.94% year-on-year (YoY) lower net profits at SAR 30.80 million, compared to SAR 34.20 million.
