Al Akaria appoints Al Sharhan as new CEO

Saudi Real Estate Company (Al Akaria) has appointed Mamdouh Saud Al Sharhan as the new chief executive officer with immediate effect, following the resignation of Abdullah bin Ibrahim Saad Al Ayadhi, the developer said in a statement on Wednesday.   

Prior to joining Al Akaria, Al Sharhan was in the consulting department in the Saudi Industrial Development Fund.

He also worked the Public Investment Fund (PIF) as the assistant secretary general and secretary of the board of directors, where he was responsible for financial institutions portfolio local and international banks.  

He holds a master’s degree in Quantitative Finance from The George Washington University in the United States, a master’s degree in Banking Administration from the Institute of Public Administration in Riyadh and a bachelor’s degree in Accounting from King Saud University in Riyadh.