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          Midroc splits leadership, restructure

          Midroc Technology Group, owned by Sheik Mohammed Alamoudi, an Ethiopian-born Saudi Business Tycoon, has decided to implement a new, restructured governance system, splitting the leadership into four major administrative scopes and Chief Executive Officers (CEOs), The Reporter has learnt.

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          5. In an announcement made on Wednesday, after a closed-door discussion among the senior leadership, dozens of companies under the umbrella of Midroc Technology Group were given an orientation on how the Group will be rearranged into four major subdivisions, going forward.

          Under the new arrangement, Sheik Mohammed Alamoudi, Chairman of Midroc Technology Group, has authorized Jemal Ahmed, who used to lead the agriculture segment of the Group, to serve as CEO to at least 21 out of the 30 companies.

          In general, Jemal is responsible for the Agriculture, Manufacturing, Commerce and Mining sectors, which have larger operations and huge revenue streams out of all