5. Organizational Structure of the Company
5.3 Members of the Board of Directors and the Secretary .1 Formation of the Board of Directors
5.3.7 Summary Biographies of the Directors and the Secretary
The following are summary biographies of the Directors and the Secretary:
Table No. (5.3): Summary Biography of Suleiman bin Muhammad bin Saleh Alsaif
Name Suleiman bin Muhammad bin Saleh Alsaif
Age 74 years
Nationality Saudi
Position Chairman of the Board of Directors Date of Joining the Board 12/09/1435H (corresponding to 09/07/2014G)
Academic Qualifications Certificate in Sharia Sciences, Riyadh Scientific Institute, KSA, 1974G.
Current Positions
Vice Chairman, Al-Saif Trading Agencies Co., a Saudi closed joint stock company operating in the wholesale of home appliances, from 2014G to date.
Chairman, Nawat Real Estate Investment Company, a Saudi closed joint stock company operating in real estate development, from 2007G to date.
Chairman of the Company’s Board of Directors, from 2006G to date.
Significant Past Professional Experience
Member, Saudi-Bosnian Economic Council, a Saudi-Bosnian economic council operating in the development and enhancement of economic relations, from 2018G to 2021G.
General Manager, Al-Saif Trading Agencies Co., a Saudi closed joint stock company operating in the wholesale of home appliances, from 1982G to 2011G.
Experience in commercial import from East Asia, France, Germany, Italy and Europe and general trade, since 1975G.
Source: The Company.
Table No. (5.4): Summary Biography of Ahmed bin Suleiman bin Muhammad Alsaif
Name Ahmed bin Suleiman bin Muhammad Alsaif
Age 41 years
Nationality Saudi
Position Vice Chairman of the Board of Directors Date of Joining the Board 12/09/1435H (corresponding to 09/07/2014G) Academic Qualifications BBA, King Saud University, KSA, 2004G.
Current Positions
Member of the Company’s Nomination and Remuneration Committee, from 2022G to date.
Vice Chairman of the Company, from 2022G to date.
Partner & Chief Executive Officer, Al-Saif Coffee Trading Co., a Saudi limited liability company trading in coffee, from 2018G to date.
Co-founder & Chief Executive Officer, Nawat Real Estate Investment Company, a Saudi closed joint stock company operating in real estate investment, from 2017G to date.
Member of the Board of Directors of the Company, from 2014G to date.
Significant Past Professional Experience
Deputy CEO, Al-Saif Trading Agencies Co., a Saudi closed joint stock company operating in the wholesale of home appliances, from 2009G to 2017G.
Member, Small and Medium Enterprises Committee (SMEC) of the Chamber of Commerce and Industry, a Saudi non-profit Government entity operating in the development, promotion and sponsorship of the business sector, protection of trade interests and improvement of the economy, from 2008G to 2012G.
Source: The Company.
Table No. (5.5): Summary Biography of Muhammad bin Suleiman bin Muhammad Alsaif
Name Muhammad bin Suleiman bin Muhammad Alsaif
Age 37 years
Nationality Saudi
Position Director & CEO
Date of Joining the Board 12/09/1435H (corresponding to 09/07/2014G)
Academic Qualifications Master’s degree in Finance, University of Tampa, Florida, USA, 2011G.
Bachelor’s degree in Financial Management, King Saud University, KSA, 2006G.
Current Positions
Member of the Company’s Executive and Investment Committee, from 2022G to date.
CEO of the Company, from 2012G to date.
Co-founder, Nawat Real Estate Investment Company, a Saudi closed joint stock company operating in real estate investment, from 2017G to date.
Significant Past Professional Experience
Trainee, Capital Market Authority, a Saudi Government body operating in the regulation and development of Stock Exchange and the issuance of regulations, rules and instructions necessary to implement the provisions of the Capital Market Law, from 2008G to 2011G.
Financial Analyst, FALCOM Financial Services, a Saudi closed joint stock company operating in investment banking, private equity, asset management, brokerage and financial research, from 2006G to 2007G.
Source: The Company.
Table No. (5.6): Summary Biography of Haitham bin Suleiman bin Muhammad Alsaif
Name Haitham bin Suleiman bin Muhammad Alsaif
Age 35 years
Nationality Saudi
Position Director and Marketing and Business Development Manager Date of Joining the Board 12/09/1435H (corresponding to 09/07/2014G)
Academic Qualifications Master’s degree in Sharia Politics, Higher Judicial Institute, KSA, 2012G.
Bachelor’s degree in Sharia, Imam Mohammad Ibn Saud Islamic University, KSA, 2008G.
Current Positions
Marketing and Business Development Manager of the Company, from 2021G to date.
Co-founder, Bagel Trading Company, a Saudi limited liability company operating in the wholesale of cosmetics, soaps and pharmaceutical products, in addition to acting as sales agents for medicines and cosmetics, from 2020G to date.
Co-founder, Nassila Trading Company (Clara), a Saudi limited liability company operating in the wholesale of cosmetics, in addition to acting as sales agent for cosmetics and home electronic and electrical appliances, from 2019G to date.
Co-founder & Director, Rashouf Trading Company, a Saudi closed joint stock company operating in honey retail, from 2019G to date.
Co-founder, Today’s Medical Intelligence Co. (Wixsana), a Saudi limited liability company operating in the retail of medical devices, equipment and supplies, from 2019G to date.
Co-founder, Nawat Real Estate Investment Company, a Saudi closed joint stock company operating in real estate investment, from 2017G to date.
Member of the Board of Directors of the Company, from 2014G to date.
Significant Past Professional
Experience Marketing Manager of the Company, from 2014G to 2021G.
Source: The Company.
Table No. (5.7): Summary Biography of Muhannad bin Suleiman bin Muhammad Alsaif
Name Muhannad bin Suleiman bin Muhammad Alsaif
Age 29 years
Nationality Saudi
Position Director
Date of Joining the Board 12/09/1435H (corresponding to 09/07/2014G)
Academic Qualifications Bachelor’s degree in Sharia Law, Imam Mohammad Ibn Saud Islamic University, KSA, 2012G.
Business Administration Course Certificate, Indiana University, USA, 2012G.
Current Positions
Member of the Company’s Audit Committee, from 2021G to date.
Co-founder & General Manager, ESNAD, a Saudi limited liability company operating in transportation and storage, from 2019G to date.
Deputy Chief Executive Officer, Nawat Real Estate Investment Company, a Saudi closed joint stock company operating in real estate investment, from 2017G to date.
Member of the Board of Directors of the Company, from 2014G to date.
Significant Past Professional
Experience Development Manager of the Company, from 2014G to 2017G.
Source: The Company.
Table No. (5.8): Summary Biography of Muhammad bin Saud bin Abdulaziz Al-Zamil
Name Muhammad bin Saud bin Abdulaziz Al-Zamil
Age 37 years
Nationality Saudi
Position Director
Date of Joining the Board 12/09/1435H (corresponding to 09/07/2014G)
Academic Qualifications
CSCA, Institute of Management Accountants (IMA), USA, 2021G.
CMA, Institute of Management Accountants (IMA), USA, 2020G.
PMP, Project Management Institute (PMI), USA, 2017G.
Venture Capital Executive, University of California, Berkeley, USA, 2016G.
MAP, INSEAD, France, 2015G.
Master’s degree in Manufacturing Systems Engineering and Management, University of Warwick, UK, 2011G.
Bachelor’s degree in Chemical Engineering, King Saud University, KSA, 2009G.
Current Positions
Head of the Company’s Executive and Investment Committee, from 2022G to date.
Member of the Board of Directors of the Company, from 2021G to date.
Member of the Company’s Audit Committee, from 2021G to date.
Manager, Saudi Transport & Investment Co. (Mubarrad), a limited liability company operating in land transport and logistics services, from 2021G to date.
Manager, Abeen Medical Company, a limited liability company operating in the sale of medical devices, equipment and supplies, from 2021G to date.
Manager, Batic Real Estate Company, a Saudi limited liability company operating in real estate activities, from 2021G to date.
Manager, Response Indicators for Communications and Information Technology Company, a limited liability company operating in public safety, from 2021G to date.
Manager, AMNCO Facilities Management Company, a limited liability company operating in the management of public facilities, from 2021G to date.
Manager, Jusoor Al Taawun Medical Company, a limited liability company operating in health care, from 2021G to date.
Board Member & Managing Director, Batic Investments & Logistics Company, a Saudi listed joint stock company operating in investment, security escorts and transportation, from 2020G to date.
Chief Executive Officer, Gazelle Investment Company, a Saudi limited liability company operating in investment, from 2019G to date.
Director, Arabian Security & Safety Services Company (AMNCO), a Saudi limited liability company operating in civil security, from 2019G to date.
Director, Smart Cities Solutions Company, a Saudi limited liability company operating in smart parking, from 2019G to date.
Significant Past Professional Experience
Senior Advisor & Assistant General Manager, Credit and Project Studies Office, Saudi Industrial Development Fund, a Saudi Government entity operating in industry support and development, from 2015G to 2017G.
Member of the Investment Committee representing the Saudi Industrial Development Fund with the Saudi Authority for Industrial Cities and Technology Zones (MODON), a Saudi Government body operating in the development and management of industrial cities and technology zones, from 2016G to 2017G.
Source: The Company.
Table No. (5.9): Summary Biography of Ahmed bin Saleh bin Muhammad Al-Sultan
Name Ahmed bin Saleh bin Muhammad Al-Sultan
Age 36 years
Nationality Saudi
Position Director
Date of Joining the Board 23/05/1443H (corresponding to 27/12/2021G) Academic Qualifications MBA, Brunel University, UK, 2010G.
Bachelor’s degree in Finance, Qassim University, KSA, 2006G.
Current Positions
Member of the Company’s Executive Committee, from 2022G to date.
Member of the board of directors of Fawaz Abdulaziz Al Hokair & Partners Company, a listed Saudi joint stock company, operating in the wholesale and retail of fashion and clothing, from 2020G to date.
Member of the Board of Directors of the Company, from 2021G to date.
Chief Executive Officer, Thob Al Aseel Company, a Saudi joint stock company operating in luxury consumer goods, from 2018G to date.
Significant Past Professional Experience
Deputy Chief Executive Officer, NESK Group of Trading Projects, a Saudi limited liability company operating in international fashion, from 2012G to 2018G.
Operations Manager, NESK Group of Trading Projects, a Saudi limited liability company operating in international fashion, from 2010G to 2012G.
Source: The Company.
Table No. (5.10): Summary Biography of Abdulmajeed bin Suleiman bin Muhammad Al-Dakhil
Name Abdulmajeed bin Suleiman bin Muhammad Al-Dakhil
Age 36 years
Nationality Saudi
Position Director
Date of Joining the Board 23/05/1443H (corresponding to 27/12/2021G)
Academic Qualifications Bachelor’s degree in Accounting Sciences, Southern Utah University, USA, 2012G.
Current Positions
Head of the Company’s Nomination and Remuneration Committee, from August 2022G to date.
Member of the Board of Directors of the Company, from 2021G to date.
Head of the Company’s Audit Committee, from 2021G to date.
Owner, DPA, 2020G to date.
Managing Director & Co-founder, Valuhub, a Saudi professional limited liability company operating in corporate and asset valuation, from 2020G to date.
Significant Past Professional Experience
Member of the Company’s Nomination and Remuneration Committee, from March 2022G to August 2022G.
Partner, PKF Al Bassam & Co., a Saudi professional limited liability company operating in legal accounting, from 2018G to 2020G.
Financial Advisor, Ernst & Young & Co Public Accountants, a Saudi professional limited liability company operating in auditing, from 2014G to 2018G.
Financial Accountant, Saudi Aramco Jubail Refinery Company (SASREF), a Saudi limited liability company operating in refining crude oil and converting it into petroleum products, from 2013G to 2014G.
Source: The Company.
Table No. (5.11): Summary Biography of Faisal bin Saif bin Muaid Al-Sultan
Name Faisal bin Saif bin Muaid Al-Sultan
Age 28 years
Nationality Saudi
Position Secretary of the Board of Directors Date of Joining the Board 24/07/1443H (corresponding to 02/03/2022G)
Academic Qualifications Bachelor’s degree in Law, King Saud University, KSA, 2019G.
Intensive English Diploma, University of Central Florida, USA, 2016G.
Current Positions Secretary of the Company’s Board of Directors, from 2022G to date.
Legal Affairs & Governance Officer of the Company, from 2021G to date.
Significant Past Professional Experience
Legal Advisor, Geepas Middle East KSA, a Saudi limited liability company operating in electrical appliances and accessories, from 2019G to 2021G.
Governance and Investor Relations Officer, Kawader Development Company, a Saudi limited liability company operating in training, from 2018G to 2019G.
Source: The Company.