We are a values-driven investor guided by stewardship, integrity, and a commitment to impactful partnerships. Our focus on Shariah-compliant investments, sustainability, and collaborative growth positions us as the partner of choice for those seeking prosperity across generations.
Since our formation in 1976, we have played a pivotal role in partnering with Saudi businesses and fostering community development. Our investments have contributed to the nation’s economic diversification through portfolio companies that have emerged as market leaders in sectors key to societal advancement, including healthcare, education, hospitality, travel and tourism, real estate, and asset management.
In real estate, for example, 1987 was marked by the opening of Al Mahmal Center, one of Jeddah’s first malls and a well-known landmark, and 20 years later, by the opening of Red Sea Mall, one of the Kingdom’s leading retail and leisure destinations.
SEDCO’s establishment in 1996 of Elaf Group, a leader in hospitality, travel and tourism set us firmly on the path to becoming one of the sector’s leading investors, culminating with the 2018 opening of the multi award-winning Hotel Galleria.
Our acquisition in 2003 of a 50% shareholding in Nahdi Medical Company, which grew to become the MENA region’s leading retail pharmacy chain, was followed in 2022 by a partial exit through one of Saudi Arabia’s largest ever private IPOs.
These successes were all founded on SEDCO’s core value of sustainability. As well as guiding how we act as a company, in terms of our adherence to the highest standards of business ethics, integrity and transparency, sustainability is also key to generating lasting prosperity by having a tangible social impact on our teams, communities and the nation as a whole.
Our Riyali and Badir CSR initiatives – supporting young people to manage their personal finances and flagship volunteering program respectively – exemplify this tangible impact. Riyali was awarded gold and Badir silver at the Gulf Sustainability Awards.
The unveiling in 2022 of our LEAP corporate strategy marked a major shift from operational roles to becoming an active financial investor. Building on our proven successes, we refined our focus and organizational structure to concentrate on two core pillars: Domestic Investment (encompassing private equity, public equity, fixed-income investments, and indirect investments) and Real Estate.
As we grow into our role as an active financial investor, we are expanding into new asset classes and curating diversified portfolios that feature income-generating assets and offer substantial growth potential. This will support our efforts to maintain the philosophy that has driven SEDCO for nearly 50 years: namely, to generate prosperity for generations to come.
A leading investor driving prosperity for generations to come
To achieve maximum value through focused investments and partnerships in Shariah compliant markets, while maintaining the highest corporate governance standards, and incorporating sustainability into initiatives driving economic and social impact.
Stewardship
We are responsible stewards of our shareholders’ resources, balancing the risk-reward profile of our investments and adopting an investor mindset in everything we do.
Integrity
We will always act with courage and conviction as we strive, without exception, to do the right thing in line with our moral values.
Partnership mindset
We strive to be a partner of choice given our professionalism and commitment to mutually beneficial outcomes.
People orientation
We focus on our people, provide professional and career development opportunities, and reward effective performance.
Impact
We are guided by an overarching goal to create tangible impact and sustainable outcomes that have a positive impact on our country and local communities.
Responsible for compensation, oversight of human development, screening and nomination of directors of SEDCO Holding and its subsidiaries.
Simon Palethorpe (Chairman)
Dr. Abdulraouf Mannaa
Mr. Sameer Baarma
Mrs. Jumana Binmahfouz
Responsible for investment policy and processes, performance of asset managers, new investments and exits, and valuation and asset allocation.
Yaser Binmahfouz (Chairman)
Dr. Zeyad AlHekail
Mr. Matthew Eyton-Jones
Mr. Bader Binmahfouz
Assists the Board to fulfill its oversight responsibilities in the areas of financial reporting, effectiveness of internal controls for financial reporting, surveillance of administration and financial practices, compliance, legal and regulatory, ensuring independence and monitoring performance of external auditors, internal audit, and risk management.
Dr. Abdulraouf Mannaa (Chairman)
Mr. Saleh AlKhalaf
Mr. Khalid Al Khowaiter
Mr. Matthew Eyton-Jones
Ms. Ghazal Binmahfouz
Regularly reviews SEDCO governance documents to ensure they are aligned with Shariah guidance and meets the expectations of shareholders and strategic objectives. Ensures that SEDCO remains at the forefront of Shariah matters that are relevant to investment products and developments.
Dr. Abdulaziz Al Qassar (Chairman)
Dr. Yousef Al Shubaily
Mr. Khalid Gama
SEDCO is a partner of choice for investors seeking strategic synergy to pursue new opportunities together. We have the knowledge, experience and resources to succeed in competitive markets.
As a prospective partner for sustainable investment, we welcome the opportunity to meet you.
