https://arab.news/4emda
- The board paid tribute to outgoing CEO Lars Clasen
JEDDAH: Cruise Saudi, a wholly owned subsidiary of the Public Investment Fund, has announced the appointment of Taha Omar Nazar as acting CEO.
The board paid tribute to outgoing CEO Lars Clasen, crediting him with laying the groundwork for Aroya Cruises and expanding the company’s cruise tourism footprint across the Kingdom.
The appointment reflects the company’s commitment to strengthening executive leadership, consolidating institutional stability, and sustaining the execution of its strategy as it enters its next phase of growth.
Nazar, who has almost two decades of experience spanning oil and gas, aviation, and maritime tourism, steps into the role with a mandate to sharpen performance and accelerate the company’s strategic and commercial agenda. His background spans finance, governance, and organizational transformation, with a focus on cost efficiency and institutional growth.
“I am honored by the board’s confidence,” Nazar said, pledging to push the company’s ambitions forward, enhancing performance and accelerating the achievement of the company’s strategic and commercial objectives.