Riyadh — Mubasher: BAAN Holding Group Company announced that its board of directors approved the appointment of Mohammed bin Khalid Al Duraibi as an independent board member, according to a bourse filing.
During a meeting held on 14 October 2026, the board ratified the appointment which became effective on 15 October 2026.
Al Duraibi is intended to fill a vacancy created by the resignation of Salem bin Ali Al Shahrani, previously announced on 5 October 2026.
The new member will serve for the remainder of the current board term, which is scheduled to conclude on 18 April 2028.
The appointment, meanwhile, remains subject to formal approval by the company’s shareholders at the next General Assembly meeting.
Al Duraibi brings extensive leadership experience to the board, having served as the founding CEO of Boutique Hospitality Group, a Public Investment Fund company, and as managing director of Oud Real Estate.
He holds a bachelor’s degree in architecture from King Saud University and a master’s degree from George Washington University, alongside specialized certification from Harvard University.
Al Duraibi currently holds several board and committee positions, including roles at Waha Development and Investment Company and Sadn Facilities Management.
