The Board of Directors of United Company convened today following a request from Tarek Nour, who officially submitted his resignation as Chairman due to health reasons requiring travel abroad.
The board reviewed the request and formally accepted his resignation, acknowledging the circumstances behind his decision.
Appointment of Acting Chairman
In response, the board appointed Vice Chairman Mohamed El Saadi as Acting Chairman, ensuring continuity in leadership and maintaining operational stability during the transitional period.
This step reflects the company’s commitment to sustaining its strategic direction and operational performance without disruption.
Appreciation for Tarek Nour’s Leadership
The board expressed its sincere appreciation to Tarek Nour for his contributions during his tenure as Chairman, highlighting his role in supporting the company’s growth and development.
Members also extended their best wishes for his recovery and continued success.
Ensuring Business Continuity
The leadership transition underscores United Company’s focus on maintaining institutional stability through structured governance practices, while supporting executive management in achieving ongoing business objectives.
The board is expected to continue overseeing the company’s strategic plans, ensuring a smooth transition and consistent performance in the period ahead.
