Savola’s Retail Unit Panda Names New CEO

Savola Group is Saudi Arabia’s retail industry leader. Holding firms for retail and food are dealt with. Savola’s Retail Unit Panda Names New CEO Bander Hamooh serves as the CEO of Panda and Hyperpanda. 18000 People are employed by Panda and founded in 1978.

Savola Group Saudi Arabia

The Group is on ranking No.9 in the top 100 Saudi Arabia companies. KSA is the largest food company by revenue. The Savola Group signed acquisitions with Al Kabeer Group, Alhokair Group, Al-Malika, and Al-Farasha Egypt companies.

Panda Retail Company

The Savola Group owns 91% of Panda, a well-known grocery store company with locations throughout Egypt and the Kingdom.

According to a report the firm made with the Saudi stock exchange Tadawul, Panda’s acting CEO up to this point was Rayan Mohammed Fayez, the current CEO of Savola.

Having held numerous senior roles in the retail, pharmaceutical, and FMCG (fast-moving consumer goods) sectors for more than 25 years, Bander, a Saudi national, is qualified to work in these fields. He graduated with a Bachelor of Pharmaceutical Science and began working for the Ministry of Health.

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