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Quara Finance Co.'s Board Accepts CEO Resignation

MT Newswires·07/29/2026 10:25:00
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10:25 AM EDT, 07/29/2026 (MT Newswires) -- Quara Finance Co.'s (SASE:9596) board accepted the resignation of Faisal bin Abdulrahman Al-Shaikh as its chief executive officer, effective Wednesday, at his own request. In a same-day release, the consumer financing company said it is completing regulatory processes needed to name a successor, including securing approval from the Saudi Central Bank.