Saudi Binladen Group finance chief resigns following restructuring: sources
Saudi Binladin Group`s chief financial officer, Klaus Froelich, has resigned, two sources familiar with the matter told Reuters on Monday, following a restructuring of the construction giant under Riyadh`s anti-corruption campaign.
Froelich, a former Morgan Stanley banker, had been hired in 2016 to help the firm overcome a crisis sparked by the collapse of a construction crane in Mecca`s Grand Mosque that killed 107 people.
(This article has not been edited by Zeebiz editorial team and is auto-generated from an agency feed.)
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