Al Murshid Holding Company - a closed joint stock company - one of the leading companies in the field of real estate and industrial investment, contracting, trading, agriculture, information technology and food, today announced the appointment of Engineer Saad Al Qahtani as Chief Executive Officer of the company.
Al Qahtani has about 17 years of relevant practical experience in the field of industrial and real estate investment, and is a graduate of King Saud University in mechanical engineering, and holds professional degrees in investment and financial risk management and participated in establishing some commercial companies. During his career, Al-Qahtani has held several leadership positions in Saudi joint stock companies, most recently as CEO of Al Rajhi Brothers (a closed joint stock company) for the period from 2016 to 2021, where he progressed from the position of Executive Vice President of Investment and Operations from 2016 to 2019 until he was appointed as its Chief Executive Officer From May 2019, he held the position of Executive Director of Treasury at Al Rajhi Steel Industries from 2012 to 2016, was a Director in the Project, Real Estate and Syndicated Finance Department at Alinma Bank from 2008 to 2012, and started his career as a Senior Credit Analyst at the Saudi Industrial Development Fund from 2004 to 2008.
For its part, the Board of Directors of Al-Murshid Holding welcomed Al-Qahtani and wished him success. The Chairman of the Board of Directors, Mr. Fahad bin Abdullah Al-Murshid, expressed the Board's confidence in the leadership capabilities of Engineer Saad Al-Qahtani, which will achieve the growth prospects of the company, God willing, expressing the Board's intention to provide him with all means of support to help him achieve the goals and strategy of the company.
Qahtani emphasized that the work in the next phase will focus on improving and enhancing the efficiency of returns and work in subsidiaries through existing investments and creating promising opportunities that keep pace with the aspirations and strategy of the Board of Directors, in order to enhance the survival of Al-Murshid Holding as one of the leading companies in the Saudi market and in line with the Kingdom's Vision 2030.
Al-Murshid Holding is one of the distinguished national groups that has taken deliberate steps since its launch in 1969, led by its founder Sheikh Abdullah bin Abdulaziz Al-Murshid - may God rest his soul - as it optimized the optimal investment of human potential, seeking to attract scientifically and administratively qualified, as the company seeks to achieve leadership in contracting, trade, industry, investment, agriculture, information technology and food.
Al Qahtani has about 17 years of relevant practical experience in the field of industrial and real estate investment, and is a graduate of King Saud University in mechanical engineering, and holds professional degrees in investment and financial risk management and participated in establishing some commercial companies. During his career, Al-Qahtani has held several leadership positions in Saudi joint stock companies, most recently as CEO of Al Rajhi Brothers (a closed joint stock company) for the period from 2016 to 2021, where he progressed from the position of Executive Vice President of Investment and Operations from 2016 to 2019 until he was appointed as its Chief Executive Officer From May 2019, he held the position of Executive Director of Treasury at Al Rajhi Steel Industries from 2012 to 2016, was a Director in the Project, Real Estate and Syndicated Finance Department at Alinma Bank from 2008 to 2012, and started his career as a Senior Credit Analyst at the Saudi Industrial Development Fund from 2004 to 2008.
For its part, the Board of Directors of Al-Murshid Holding welcomed Al-Qahtani and wished him success. The Chairman of the Board of Directors, Mr. Fahad bin Abdullah Al-Murshid, expressed the Board's confidence in the leadership capabilities of Engineer Saad Al-Qahtani, which will achieve the growth prospects of the company, God willing, expressing the Board's intention to provide him with all means of support to help him achieve the goals and strategy of the company.
Qahtani emphasized that the work in the next phase will focus on improving and enhancing the efficiency of returns and work in subsidiaries through existing investments and creating promising opportunities that keep pace with the aspirations and strategy of the Board of Directors, in order to enhance the survival of Al-Murshid Holding as one of the leading companies in the Saudi market and in line with the Kingdom's Vision 2030.
Al-Murshid Holding is one of the distinguished national groups that has taken deliberate steps since its launch in 1969, led by its founder Sheikh Abdullah bin Abdulaziz Al-Murshid - may God rest his soul - as it optimized the optimal investment of human potential, seeking to attract scientifically and administratively qualified, as the company seeks to achieve leadership in contracting, trade, industry, investment, agriculture, information technology and food.
Al-Murshid Holding is one of the leading companies in the Saudi market.
