Saleh Salem Bin Mahfouz
Abdelelah Salem Bin Mahfouz
Mr. Abdelelah Bin Mahfouz was Managing Director of SEDCO Financial Investments Group from 1997 to 2006. He is now a Board member at SEDCO Holding Group, and has also been serving as Chairman of SEDCO Capital since its formation in 2010. He began his business career in 1975 with the National Commercial Bank, and from 1980-1990 was the bank’s Deputy General Manager and the Riyadh Regional Manager. Mr. Abdelelah holds a Bachelor’s degree in Business Administration from Ohio State University.
Ahmed Salem Bin Mahfouz
Mr. Ahmed Bin Mahfouz began his career with SEDCO in 1982, and served as Managing Director of the Direct Investments Group between 1997 and 2004. He holds a degree in Industrial Engineering from King Abdulaziz University in Jeddah and is also a graduate of the Owner/President Management Program at Harvard Business School.
Ahmed Sulaiman Banaja
Mr. Ahmed Suleiman Banaja has been a Member of the Board at SEDCO Holding Group since 2008. He is a Director of SEDCO Capital, and was the company’s first CEO who also oversaw the company’s formation in 2010. He has also served as the CEO of SEDCO between 2008 and 2010. He began his career with Citibank in 1971, and has held senior positions at the National Commercial Bank for 12 years. He has also served as Executive Vice President of Olayan Group, and Board Member of many of the Group’s subsidiaries. Mr. Banaja’s track record includes him serving as Chairman of the publicly listed National Shipping Company, and as a member of the Economic Advisory Board to the Supreme Economic Council for the Saudi Government. He is currently a Director of Al Faisaliah Group and has since 2014 returned to the Board of Directors at the SABB, formerly the Saudi British Bank. He is also Chairman of the bank’s Audit Committee. Mr. Banaja holds a BSc in Mathematics and Economics from the University of Kent.
Mr. Tung has been a Non-Executive Director of SEDCO since 2009, where he currently chairs the Audit and Risk Committee. He is a founding partner at Investcorp, where he currently serves as Senior Advisor as well as Chairman of Investcorp Technology Partners. His 30 years with the firm have seen him involved with most of Investcorp’s corporate buyouts. Before joining Investcorp, he worked with Chase Manhattan Bank in New York, Bahrain, Abu Dhabi, and London. Mr. Tung is also on the Board of Tech Data Corporation and is an independent non-executive Director of Bank of China, Hong Kong. Mr. Tung holds a BSc in Chemical Engineering from Columbia University, and is also a trustee emeritus of the institution.
Abdulraouf M. A. Mannaa
Dr. Abdulraouf Mohammad A. Mannaa has 25 years of diverse experience in Middle Eastern and GCC markets. He has deep insight into the Middle Eastern business environment, and keeps his knowledge up to date through constant market intelligence gathering and far-reaching relations with contemporaries across public, private and financial sectors. Dr. Mannaa was involved in leading the Savola Group to becoming one of the Middle East’s prominent business entities with operations spanning the region. Dr. Mannaa currently advises a leading group of companies active in many diverse sectors, and also serves on the boards of a number of companies. He holds a PhD in Mechanical Engineering from the University of Washington at Seattle, a Master in Engineering from the University of California at Berkeley and a Bachelor of Science from King Fahd University for Petroleum and Minerals.
Hasan Al Jabri
Chief Executive Officer
Hasan Al Jabri became the CEO of SEDCO Holding Group in April 2018. He joined the Group in 2010 as the CEO of SEDCO Capital and has over 33 years of banking experience in the GCC region, managing senior positions in leading banks including The National Commercial Bank & Samba Financial Group. Mr. Al Jabri was also NCBC board member, Managing Director, and head of Investment Banking, he also served as Chairman of the Funds Board covering all of NCB Capital’s 27 mutual funds business until leaving NCBC in 2010. Upon joining SEDCO Capital Hasan was also appointed as Chairman of SEDCO Capital Investment Committee, Chairman of SEDCO Capital Global Funds and Chairman of SEDCO Capital Luxembourg Boards. Mr. Al Jabri was the Chairman for the World Presidents Organization’s Chapter in the Kingdom of Saudi Arabia. He is also currently serving as a member of boards and executive committees of several companies in the Kingdom of Saudi Arabia.
Mr. Al Jabri has a B.Sc. in Engineering from the American University of Beirut and is a graduate of the Executive Management Program at Columbia University.
Chief Financial Officer
Mr. Amer brings to the Group over 22 years of experience in corporate finance, investment management, and financial management across multiple industries. He started his career with a CPA from Chicago and worked for the global firms PWC and IBM. Prior to joining SEDCO, he was the Group CFO and member of the board and audit committees for a number of companies. He is a founding executive team member of Jadwa Investment and served as a CFO for 8 years. In Jadwa, he oversaw the establishment and growth of Jadwa from a small startup and into a regional Private Equity and Asset Management powerhouse. Mr. Amer holds an MBA from Strayer University in the USA with significant post graduate studies in the fields of e-commerce, strategy, and leadership from world class institutions. He has completed an executive Leadership Program at Stanford University. He is a CFA Charter holder (2004), and a Certified Public Accountant (1996).
Vice-President, Internal Audit
Mr. Al-Haiqi has been a part of the SEDCO Holding team since 2005, and has over 21 years of experience in accounting, auditing, Saudi tax and Zakat. Prior to his move to SEDCO Holding, he has worked with PricewaterhouseCoopers in Saudi Arabia in assurance, Zakat and tax services. Mr. Al-Haiqi sits on the Board of Tazweid Skills Company. He is also a member of the Risk and Compliance Committee of SEDCO Capital. He holds a Master’s degree in Professional Accounting from King Abdulaziz University and is an Associate Member of the Saudi Organization for Certified Public Accountants and the Institute of Internal Auditors. He is also a licensed Zakat and income tax consultant.
Chief Investment Officer
Mr. Bazzi brings to the Group more than 20 years of experience in investments and strategy accrued at several international and regional reputable organizations. Mr. Bazzi started his career with the Royal Bank of Canada, followed by stints at Deloitte Consulting, Litat Group, and Injazat Capital, where he assumed senior executive roles. His extensive investment experience covers sectors such as healthcare, petrochemicals, ICT, retail, financial services, real estate, and hospitality. Mr. Bazzi returns to the Group from the Zubair Corporation, where he worked as Chief Operating Officer and was responsible for the Group’s investment activities. Mr. Bazzi holds an MBA and MSc in Finance from Concordia University in Canada. He has also earned a BSc in Computer Science from the Lebanese American University in Lebanon. He is a Chartered Financial Analyst, and a Certified Professional Director by the Mudara Institute of Directors.
Dr. Zaid Mahayani
Senior Vice President Legal
Dr. Zaid qualified as a lawyer in Quebec in 2002, and has been working in the Kingdom of Saudi Arabia since 2005. He holds a Bachelor of Law (in French) from the University of Montreal (Canada), a Master’s degree in Petroleum Law from the University of Dundee (UK), and a PhD on Saudi Arabian capital market regulation from the University of Leicester (UK). Dr. Zaid has been a registered arbitrator with the Saudi Arabian Ministry of Justice since 2008 and also holds a Postgraduate Diploma in International Commercial Arbitration from the Queen Mary University of London (UK). He has teaching experience at university level as an assistant professor, and has published numerous articles on Saudi Arabian legislation.
Senior Vice President, Human Resources
Mr. Kandil has been with SEDCO Holding since 2010, having previously worked in Procter & Gamble for over 20 years. He also sits on the board of Bonnon. He commenced his HR career in 2001, and has served as Senior HR Manager before assuming his current post. At Procter & Gamble, Mr. Kandil gained experience in manufacturing, engineering, planning, procurement and SAP before moving to HR. There, he developed expertise in areas such as organizational excellence, talent development, talent supply, compensation, and employee services. Mr. Kandil graduated with a Bachelor’s Degree in Systems Engineering from King Saud University in 1990.
Senior Vice President, Information Technology
Mr. Khawaji joined SEDCO Holding in 2007, bringing with him extensive experience in information technology and leadership. Prior to his move, he spent seven years at IBM’s Toronto Lab in Ontario, where he was a software architect with a global team that delivered WebSphere Commerce. He was previously a principal consultant at Oracle in Canada, after having commenced his career with Saudi Aramco as database designer and administrator. Mr. Khawaji sits on the board of Ejada Company. He graduated from King Fahd University of Petroleum and Minerals with a Bachelor’s degree in Computer Science, and holds an Executive MBA from IE, Madrid, in Spain.
Senior Vice President, Marketing & Corporate Responsibility
Dr. Wael Eid
Senior Vice President, Risk
Section Head Lands
Compensation and Nomination Committee
Responsible for compensation, oversight of human development, screening and nomination of directors of SEDCO Holding and its subsidiaries.
Ms. Rasha Al Darwish
Mr. Amr Al Taher
Responsible for investment policy and processes, performance of asset managers, new investments and exits, and valuation and asset allocation.
Chairman: Mr. Saleh Bin Mahfouz
Mr. Ahmed S. Banaja
Mr. Yasser BinMahfouz
Audit and Risk Committee
Assists the Board in fulfilling its oversight responsibilities in the areas of: financial reporting integrity; effectiveness of internal controls for financial reporting; surveillance of administration and financial practices; SEDCO Group’s compliance with group policies and procedures; legal and regulatory requirements; ensuring independence and monitoring performance of external auditors, internal audit function; and risk management.
Mr. Emad Yaseen Kaki