The board of directors of Knowledge Economic City (KEC) in Madina has recently appointed Iyad Amin Abdullah Madani as Chairman of the Board of Directors effective March 3, 2012 until the end of the current board term. Madani succeeded Dr. Sami Mohsen Baroum who resigned from the board membership on Feb. 21. The company also announced the decision of its board to appoint Dr. Abdul Raouf Mohammad Manna as Vice Chairman, effective March 10, 2012 until the end of the current board term. Manna succeeded Saleh Mohammad Binladin who will remain as member of the board. The current board term ends on July 27, 2015. Madani is currently the Vice President of King Abdullah Bin Abdul Aziz Foundation for Housing Development and previously served as Minister of Media and Culture and Minister of Haj. Manna is currently the Managing Director of Savola Group as well as a member on the boards of several companies and institutions.