Saudi Arabian Amiantit Company, a leading manufacturer of construction materials and pipe systems, has announced that Osama Jasim Al Onaize will be its new chief executive officer effective November 1.

This move comes following the resignation of Solaiman Abdulaziz Al Twaijri from the top post as his last working day will be October 31, according to a bourse filing on Tuesday.

Amiantit announced that Osama Jasim Al Onaize will assume the CEO position at the beginning of November to succeed Al Twaijri.

Al Onaize holds a Bachelors degree in accounting from King Saud University in Riyadh.

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