Horizon Food names Mohammed AlShetwey as new CEO

Logo of Horizon Food Co.

Horizon Food Co.’s board of directors appointed Mohammed AlShetwey as Chief Executive Officer (CEO), effective May 1, 2023, the company said in a statement on Tadawul. 

The board ended the term of Ahmed Al Arfaj, an executive board member, as acting CEO and converted his membership to a non-executive member.  

AlShetwey holds an MBA from MIT University, a Master of Science in financial engineering from New York University, a bachelor’s degree in administrative sciences specializing in financial management from King Saud University, and a diploma of credit analysis from JP Morgan Chase & Co. 

He held several leadership positions during his career. His last job was as the CEO of Saudi Advanced Industries Company (SAIC).

In addition, he held the position of CFO of Fund of Funds Co., affiliated with the Public Investment Fund (PIF), a consultant at the Ministry of Finance, head of the inter-financial government benefit adjustments unit, and director of the treasury single account (TSA), in addition to other positions.