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Savola's director resigns

Saudi Arabia-based packaged food producer Savola Group Co. said Sept. 6 that Abdulaziz Alissa resigned as an independent director and as a member of the company's audit committee, effective immediately.

The company appointed Mohammed Alissa to assume the vacated roles.

Mohammed Alissa is the head of balance sheet management and investment at Saudi British Bank.

He previously served as a board member of Sukoon Real Estate Co. Ltd. and Al Aqeeq Real Estate Co.