DUBAI
Saudi Telecom Co (STC) has appointed Khalid Bin Hussain Biyari as chief executive, the Gulf’s largest telecom operator by market value said on Tuesday, nearly two years after his predecessor resigned.
Biyari will assume his new role on April 27, according to a statement to Riyadh’s bourse. His current roles include senior vice-president for technology and operations, and vice-chairman of affiliate Viva Kuwait, the statement added.
The previous chief executive Khalid Al Goneim quit in March 2013 citing “special circumstances” after less than a year at the helm.
Chairman Abdul Aziz Al Sugair swiftly took over as acting CEO, and is expected to remain in that role until Biyari takes up his new post.
Al Sugair oversaw STC’s renewed focus on its home market, helping turn around the fortunes of the former monopoly, which own stakes in operators in the Gulf, Turkey, South Africa and Asia.
