Arriyadh Development Co. — Board/Management Information 2021

Sep 26, 2021

Arriyadh Development Co. Announces Appointment of a CEO

4150 · 26/09/2021 09:03:36 · Announcement #64958 · View on Saudi Exchange

Arriyadh Development Co. Announces Appointment of a CEO

Element List	Explanation
Introduction	Riyadh Development Company announces that the Board of Directors has issued its resolution by passing on 09-25-2021 AD appointing Mr. Jihad bin Abdul Rahman Al-Qadi in the position of “CEO” of the company as of 01-12-2021 AD

The Chairman and members of the Board of Directors also wish success to Mr. Jihad bin Abdulrahman Al-Qadi in his new duties as CEO of the company.

Element List	Explanation
Appointment Type	Appointment
Name of the CEO	Mr. Jihad bin Abdulrahman Al-Qadi
Date of Board Resolution	2021-09-25 Corresponding to 1443-02-18
Date Work Commencement	2021-12-01 Corresponding to 1443-04-26
Brief Resume	It is worth noting that Mr. Jihad bin Abdul Rahman Al-Qadi has more than 18 years of practical experience in the financial and investment sector, and has been included in his career in many leadership positions for a number of financial and investment institutions, and he also has experience in the real estate investment sector.

He started his career at the National Bank of Saudi Arabia and was part of the founding team of the National Financial Company. His experience also included working in the treasury sector at the National Bank of Saudi Arabia, Jadwa Investment Company and the Saudi Economic and Financial Development Company “SEDCO Capital”. Since 2017, he joined the Public Investment Fund, He held the position of Director of Real Estate Asset Management and Director of Institutional Development in the Department of Local Real Estate Investments in the Public Investment Fund.

Mr. Jihad El-Kady is also a member of a number of boards of directors, including a member of the board of directors of Dur Hospitality Company, Asma Capital Company, the Islamic Development Bank Fund for Infrastructure, the Saudi Egyptian Investment Company, and membership in the Board of Directors of the Saudi Economic Association.

Mr. Jihad Al-Qadi holds a Bachelor’s degree in Economics from King Saud University in Riyadh, and holds a Master’s degree in Executive Management from Hult International Business School in Boston, and is a candidate for an Executive Diploma for Board Membership from IMD Business School, as well as a number of courses Executive Director at a number of prestigious universities such as Harvard Business School, London Business School, and IE University in Madrid.

It is worth noting that the appointment of Mr. Jihad bin Abdul Rahman Al-Qadi coincides with the direction of the company’s board of directors to implement a transformation plan for the company in order to enable it to achieve the aspirations of its shareholders and benefit from the economic transformation opportunities resulting from the plans and programs of the Kingdom’s Vision 2030.

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