Saudi Telecom Company (STC) has named Olayan Mohammed Alwetaid as the new group CEO.  He will start in his new position on March 23, 2021, the company said in a statement to Tadawul.

Alwetaid worked at Aramco before joining STC where he has held various positions.

The current CEO, Nasser S. Alnasser, resigned in November last year citing personal reasons.

 (Writing by Brinda Darasha; editing by Daniel Luiz)

brinda.darasha@refinitiv.com

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