CEO Resignation Announcement


Sustained Infrastructure Holding Co. (SISCO Holding) Announces Resignation of a CEO


Element ListExplanation
IntroductionSustained infrastructure Holding ("SISCO Holding") announces that its Board of Directors, by circulation on 09/01/1447H, corresponding to 04/07/2025, has approved the resignation of Eng. Khaled Abdulghani Suleimani from his position as Chief Executive Officer, effective 30 June 2025, due to personal reasons and based on mutual agreement between both parties.

Eng. Khaled Suleimani served as CEO during a period marked by the implementation of several critical development initiatives and institutional transformations. During his tenure, he contributed to advancing the Company’s strategic direction, strengthening its organizational structure, and enhancing governance practices.

The Board of Directors has also resolved to appoint Eng. Khaled Suleimani as an Advisor to the Company effective from 1 July 2025. He will continue to serve on the boards of the Company’s subsidiaries, allowing the Company to benefit from his accumulated expertise and deep industry knowledge.

The Board extends its sincere thanks and appreciation to Eng. Khaled Suleimani for his efforts and valuable contributions during his tenure and values his continued support and advisory role in the coming phase.

Element ListExplanation
Name of the Resigned PersonEng. Khalid Suleimani
Resignation Acceptance Date2025-07-04 Corresponding to 1447-01-09
Resignation Effective Date2025-06-30 Corresponding to 1447-01-05
Reasons for ResignationPersonal reasons and based on mutual agreement between both parties.