SAMI appoints Walid Abukhaled as acting CEO

The Board of Directors of Saudi Arabian Military Industries (SAMI) have appointment Walid Abukhaled as acting CEO to oversee the company’s operations starting from April 23, 2020, until further notice.
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Abukhaled will be taking over from Dr. Andreas Schwer who served as CEO of the company since January 1, 2018.

 

The decision of the Board of Directors was made after the assessment of SAMI’s achievements since its inception as Dr. Schwer completes his mandate, which included leveraging the international military industries’ learnings and experiences in the transfer of technology and best practices and grow the company to its current position. The move also comes in line with the company’s overarching aim of localizing these experiences with a deeper understanding of the needs of internal and external customers and achieving the Saudisation of leadership positions.