Prince Turki bin Salman resigns as SRMG chairman

Prince Turki bin Salman, chairman of the board of directors of Saudi Research & Marketing Group, has resigned from his position effective April 6, 2014, on personal reasons, the company announced on Sunday.
“The board has accepted his resignation,” the announcement added. The board members have expressed their thanks and appreciation of Prince Turki for his services to the group during his chairmanship.
The group also announced the resignation of Dr. Azzam bin Mohammed Al-Dakhil as its managing director and chief executive officer, on March 20, 2014, due to personal reasons. “The chairman has approved Al-Dakhil’s resignation,” the statement said, adding that it would be effective from April 3, 2014.
However, Al-Dakhil will continue as a member of SRMG board and its other committees until the end of the board’s term on April 30, 2015. The chairman has expressed his thanks and appreciation of Dr. Al-Dakhil’s valuable contributions to the group as its CEO.