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12 September 10:10 AM

Twareat Medical Care Co. Announces Resignation and Appointment of a CEO and Managing Director

TMC 9627 0.92% 13.22 0.12
Element List Explanation
Introduction Twareat Medical Care Co. announces the Board of Directors' resolution issued on 12-03-1447H (corresponding to 04-09-2025G) as follows:

1) The assignment of Mr. Mohammed Tarek El-Sayed as Chief Executive Officer of the company has been concluded effective 04-09-2025. The Board of Directors, along with all company employees, extends its sincere appreciation and gratitude to Mr. Mohamed Tarek ElSayed for his dedicated efforts and valuable contributions in enhancing the company’s performance during his tenure. Mr. El-Sayed will resume his duties as Chief Financial Officer, with best wishes for continued success in his future responsibilities.

2) The appointment of Dr. Khalid bin Mohammad Al-Hamdan as Chief Executive Officer and Managing Director, effective as of 04 September 2025, and continuing until the end of the current Board term, which concludes on 10 May 2029.

Element List Explanation
Name of the Resigned Person Mohamed Tarek Mohamed ElSayed
Resignation Acceptance Date 2025-09-04 Corresponding to 1447-03-12
Resignation Effective Date 2025-09-04 Corresponding to 1447-03-12
Reasons for Resignation Relieving from Assignment
Element List Explanation
Appointment Type Appointment
Name of the Appointed Person Khalid bin Mohammad Al-Hamdan
Date of Board Resolution 2025-09-04 Corresponding to 1447-03-12
Date Work Commencement 2025-09-04 Corresponding to 1447-03-12
Brief Resume Dr. Khalid bin Mohammad Al-Hamdan possesses extensive experience in the field of emergency medicine and medical care. He holds the American Board Certification in Emergency Medicine, in addition to an Executive Master’s degree in Business Administration. He previously served as Chief Operating Officer of the company, where he contributed significantly to enhancing operational efficiency. His expertise also extends to various domains of healthcare management.

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