SEDCO Holding, a leading Saudi investment company, announced the appointment of four new members to the Board of Directors: Mr. Sameer Baarma, Ms. Ghazal Binmahfouz, Mr. Badr Binmahfouz, and Mr. Matthew Eyton-Jones. The appointments follow a resolution passed at the company’s recent General Assembly meeting.
The new members bring a wealth of experience and expertise across business, consulting, and investment, further diversifying the Board’s capabilities. Their appointments follow a rigorous selection process in accordance with SEDCO Holding’s corporate governance guidelines and global best practices.
The new board members will join existing members Sheikh Abdelelah Salem Binmahfouz, Mr. Yaser Binmahfouz, Dr. Abdulraouf Mannaa, Dr. Zeyad Al-Hekail, and Mr. Simon Palethorpe, completing its nine-members’ Board.
About the New Board Members:
- Sameer M. Baarma is a distinguished business leader with an impressive track record of driving business growth. His entrepreneurial spirit and financial acuity will provide valuable strategic insights to SEDCO Holding.
- Matthew Eyton-Jones is a highly respected figure, renowned for his rich experience in institutional investing for over 25 years. He is the founder and CEO of Eyton Capital in London. A certified member of the Institute of Securities and Investment and a member of the Pensions Management Institute.
- Ghazal Binmahfouz brings a wealth of leadership and governance experience within the financial sector. She is also a board member at Salem Binmahfouz Foundation, Alwan Foundation, Nama Foundation, Almehwar Holding Company, and The National Center of Family Business.
- Badr Binmahfouz is an executive leader with deep knowledge and expertise in business management and investments. He also serves on the board of Methak Holding and Yasoud Trading Company.
SEDCO Holding’s Board guides the organization, reinforcing its position as one of Saudi Arabia’s leading investors. The selection is made in line with SEDCO Holding ESG and corporate governance guidelines, with board members expected to help the company navigate the evolving investment landscape and pursue strategic objectives in line with the Kingdom’s Vision 2030.
