Scientific & Medical Equipment House Co. announces the Board of Directors’ resolution by circulation dated 05-01-1447H (corresponding to 30-06-2025G), approving the resignation of Mr. Barakat bin Saud bin Mohammed Al-Arifi – Managing Director (CEO) – from his position as Managing Director and CEO of the Company, effective as of the end of the working day on Monday, 30-06-2025G, upon his request due to personal circumstances, while he will continue to serve as a Non-Executive Member of the Company’s Board of Directors.
The Board of Directors expressed its sincere thanks and appreciation to Mr. Barakat bin Saud Al-Arifi for his leadership, remarkable role, and outstanding efforts during his tenure with the Company, wishing him continued success in both his personal and professional life.
The Board of Directors also resolved by circulation on 05-01-1447H (corresponding to 30-06-2025G) to appoint Dr. Faisal bin Hawas bin Farhan Al-Atawi as the Company’s Managing Director and Chief Executive Officer, effective as of 06-01-1447H (corresponding to 01-07-2025G), in recognition of his distinguished leadership experience, professional competence, full knowledge of the Company’s operations, and his significant role in achieving various accomplishments in favor of the Company.
It is worth noting that this approval is not considered final and the resolution will be presented at the next General Assembly meeting for ratification.
Name of the Resigned Person
Mr. Barakat bin Saud bin Mohammed Al-Arifi
Resignation Acceptance Date
2025-06-30 Corresponding to 1447-01-05
Resignation Effective Date
2025-06-30 Corresponding to 1447-01-05
Reasons for Resignation
Due to his personal circumstances
Appointment Type
Appointment
Name of the Appointed Person
Dr. Faisal bin Hawas bin Farhan Al-Atawi
Date of Board Resolution
2025-06-30 Corresponding to 1447-01-05
Date Work Commencement
2025-07-01 Corresponding to 1447-01-06
Brief Resume
Dr. Faisal Al-Atawi has extensive experience of over twenty years in the healthcare sector within the Kingdom. He has held several key positions, most recently serving as Deputy CEO at Scientific & Medical Equipment House Co. Prior to that, he was the Deputy CEO for the Operations, Maintenance, and Contracting Division at the Company. He also served as General Director of the General Department of Medical Equipment Maintenance at the Ministry of Health, and previously as General Director of the Saudi Red Crescent Authority’s Eastern Province Branch, as well as General Director of the Authority’s Al-Jouf Region Branch, in addition to other leadership and executive roles at the Ministry of Health in Saudi Arabia.
It is worth noting that Dr. Faisal Al-Atawi holds a Ph.D. in Health Services Management, a Professional Executive Master’s Degree in Administration, as well as a Master’s Degree in Health Services Management from Majmaah University in Saudi Arabia, and a Bachelor's Degree in Health Services Management from Al-Ghad International College for Health Sciences in Saudi Arabia.
