STC appoints Alwetaid as group CEO

News General Saudi Arabia 12 JAN 2021
STC appoints Alwetaid as group CEO

STC Group announced the appointment of Olayan M. Alwetaid as group CEO effective 28 March. Alwetaid has more than twenty years of experience. He initially worked at Aramco then joined STC.

He was recently the Senior VP for the Consumer sector and before that was CEO of STC Bahrain. He heads the board of several STC subsidiaries such as Channels, Integral and CCC. He is also the Vice Chairman of STCPay and the chairman of several committees related to the mentioned boards. 

Alwetaid replaces Nasser Al Nasser, who announced in November that he was stepping down for personal reasons after two years in the job. He is expected to leave the position on 28 March.

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