Marwan Diab was appointed CEO of MEPCO, succeeding Faisal Haddawi

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The Board of Directors of the Middle East Paper Manufacturing and Production Company (MEPCO) decided on October 9, 2026 to terminate the contractual relationship by mutual consent with Engineer Faisal Alawi Haddawi, the CEO of the company, with his last working day being December 31, 2026. It also approved the appointment of Engineer Marwan Diab as the new CEO of the company, effective January 1, 2027.

The company explained in a statement on Saudi Tadawul on Sunday that the new CEO has about 25 years of experience in the capital-intensive industries sector, with extensive experience in the areas of operational transformation, business restructuring, mergers and acquisitions, in addition to managing and developing complex production networks in a number of regional and international markets.

Diab held a number of senior leadership positions at Arabian Packaging Company, a subsidiary of the Al Ghurair Group, the OPGI Chemicals Group, and the INDEVCO Group, where he led initiatives for operational and financial transformation and business restructuring, and also supervised mergers and acquisitions, business integration, and industrial process development.

Diab holds a Master's degree in Business Administration in Economics and Finance from Concordia University, and a Bachelor's degree in Electrical Engineering from the American University of Beirut. He is also a member of the Lebanese Engineers Syndicate, and a member of the Board of Directors of the Dubai Business Group for Paper and Tissues, affiliated with the Dubai Chambers.