Investment Fund (PIF)
BOARD OF DIRECTORS
Mr. Mohammed A. Abunayyan Chairman of Dussur
With over 30 years of experience in the Water and Power sector Mr. Abunayyan is Chairman of Abunayyan Holding and ACWA Power International. He also serves as Chairman and Board Member of many reputed companies, besides holds number of prestigious leadership positions helping spearhead the kingdom's economic development.
Abunayyan is a Member of the Advisory Committee of the Chairman of high Supreme Economic Council responsible for studying issues related to the national economy.
Mr. Fahad A. Al-Semari Board Member
Fahad Al-Semari is the manager of Saudi Aramco’s Financial Risk Management Department. Mr. Al-Semari started his career at Saudi Aramco in 1990, and alongside his current position at the company, he is the President and General Manager of Vela International Marine Company.
Over the course of his career, Mr. Al-Semari has been Finance Director for the Saudi Aramco Fujian project in China and Managing Director of both the Saudi Aramco Entrepreneurship Center and the Saudi Aramco Venture Capital.
In addition to his role on Dussur’s Board, Mr. Al-Semari is a board member of the National Industrial Training Institute and a member of the Board of Directors of the Saudi Aramco Investment Co., Aramco Trading Co, and Vela International Marine Company.
Mr. Al-Semari graduated from the King Fahad University of Petroleum and Minerals and completed the Executive Program at London Business School in 2006.
Mr. Hisham M. Attar Board Member
Hisham Attar joined The Public Investment Fund in 2016 as a Senior Vice President. At PIF, he's role is to oversee a diverse local public and private equity portfolio as part of the Saudi Equities team. Prior to PIF, Hisham was a Principal at Amwal Alkhaleej for 8 years, a private equity firm focusing on medium and large investments in the Middle East. His main role at Amwal was to source investment opportunities, and oversee the investment throughout the entire investment cycle. Hisham also enjoyed hands on portfolio management experience as he was seconded to Body Masters, an Amwal Portfolio company. At Body Masters, Hisham spent two years as acting then deputy CEO and helped turnaround the business and grow it to a 40+ gym chain across Saudi Arabia.
Prior to Amwal, Hisham was a Senior Dealer at The National Commercial Bank where he was responsible for overseeing the banks proprietary investment portfolio.
Hisham is involved in several ventures in fields as diverse as medical clinics, vehicle tracking, sports services, and agriculture both locally and internationally.
Hisham serves as the Chairman of the Saudi Jordanian Investment Funds, a member of the Board of Directors of Mobile Telecommunication (Zain), a member of the Board of Directors of the Industrialization and Energy Services Company (TAQA), and a member of the Board of Directors of Saudi Industrial Investment Company (Dussur).
Hisham graduated from Brown University (Providence, Rhode Island USA) in 2004, with a bachelor's degree in Business Economics and Public Private Sector Organizations.
Mr. Uwaidh K. Al-Harethi Board Member
Mr. Al-Harethi is the Executive Vice President for Innovation & Business Development at SABIC. Prior to his present posting, he was the Executive Vice President of the Chemicals business unit and, before that, the Vice President of Global Procurement Services. During this time, he has led sophisticated overseas manufacturing and service organizations with profit and loss responsibility up to $4.6 billion and managed more than 2500 employees.
Mr. Al-Harethi is skilled at establishing operational excellence within culturally diverse environments, translating conceptual models into specific growth strategies, and planning/executing multi-faceted global business development campaigns designed to improve market share, gross revenue and EBITDA.
In addition to his role at SABIC, Mr. Al-Harethi was named as a Board Member at Dussur in March 2018.
Mr. Al-Harethi is a Chemical Engineer and holds a Master’s in Business Administration with a concentration in Management Information Systems from King Fahd University of Petroleum and Minerals.
Eng. Ziad T. Al-Murshed Board Member
Ziad Al-Murshed is the Executive Director of New Business Development at Saudi Aramco, responsible for Saudi Aramco's new business development, including origination, transaction development, the Saudi Aramco Entrepreneurship Center (Wa'ed), and corporate venturing through Saudi Aramco Energy Ventures. Prior to that, he was the General Manager and Head of Transaction Development within New Business Development, responsible for executing joint ventures, mergers, acquisitions, divestitures, as well as third-party and other transactions.
Ziad joined Saudi Aramco in 1991 and started his career in Exploration and Producing, initially briefly as a drilling engineer, and later as a producing engineer. He then moved to the Downstream in 1998 and assumed several responsibilities covering refining, marketing and joint venture development and coordination.
From 2005 to 2008, he was Superintendent of Operations at the 325,000 barrel per day Ras Tanura Refinery. In 2008, he moved to Corporate Planning, where he was responsible for the development of the Company's long-range business plan. In 2010, he was appointed as the Manager of the 550,000 barrels per day Yanbu NGL Fractionation Plant, a position he held until 2012, when he was appointed as the Manager and Head of Business Analysis Department in Corporate Planning, later becoming the Director of Economic & Energy Analysis. In 2013, Ziad was appointed as the Director of Strategic Planning for Saudi Aramco, a position he held until 2015.
In addition to being a member of Dussur's Board of Directors, Ziad also serves as the Vice Chairman of the Board of Directors of the Industrialization and Energy Services Company (TAQA), and is a member of the Board of Directors of Sadara Chemical Company. He is also a member of the Board of Managers of the International Maritime Industries Company, and the Chairman of the Board of Directors of the Saudi Aramco Entrepreneurship Center (Wa'ed).
Ziad holds a Bachelor's Degree in Chemical Engineering from Arizona State University, and an MBA from the Sloan School of Management at the Massachusetts Institute of Technology. He is also a graduate of the General Management Program at the Harvard Business School.
Eng. Walid A. Abukhaled Board Member
Walid Abukhaled is Northrop Grumman’s Chief Executive for the Middle East, and is responsible for leading the organization’s development and growth within the region.
With more than 25 years’ experience in both the private and public sector, Walid began his career at BAE Systems before joining General Electric (GE) where he led the company’s growth in the region as the CEO of Saudi Arabia and Bahrain.
Prior to his current role Walid was Deputy Minister for Industrial Affairs at the Ministry of
Commerce and Industry. He was primarily responsible for developing new policies and
strategies for the promotion, expansion and sustainable development of the country’s industrial sector, as part of the Kingdom’s continued diversification
From a new generation of Saudi business leaders,
Walid is an award winning CEO & public speaker, often addressing the key issues that affect international companies operating in Saudi Arabia and the Middle East more broadly.
Prior to becoming a Dussur Board Member, Walid held various Board and Committee memberships over the course of his career.
Eng. Fuad Mosa Board Member
Engineer Fuad Mosa is the General Manager of Sabic’s Local Content Unit – an arm of the company created to develop local content in the Kingdom according to KSA 2030 Vision.
Mosa has over 20 years of experience in multiple fields related to the petrochemical industry. He has been assigned to several roles within Sabic including Operations, Research, Technology and Business. He serves as board member at Sadaf Company, High Institute for Elastomer Industries, Higher Institute for Plastic Fabrications, KAUST’s Saudi Research Science Institute and the Center of Research Excellence in Environmental Studies. Before being appointed to his role with the Local Content Unit, he was General Manager of Sabic Global Chemical Technologies.
Eng. Mosa holds a Bachelor’s Degree in Chemical Engineering from KFUPM in Dhahran, a Master’s Degree in Chemical Engineering from KSU in Riyadh and an MBA degree from Thunderbird School of Management in Arizona, USA.
Mr. David Bartholomew Board MemberDavid has over 25 years' experience in the infrastructure, investment and fund management industries, leading the acquisition and privatization of large infrastructure and utility companies in Australia. Having previously worked at The Boston Consulting Group and BHP Minerals, David was most recently CEO of DUET Group, an ASX-listed utilities and energy company. Under his stewardship DUET's market capitalization grew from around AUD $1.3 billion in 2011 to almost AUD $7.5 billion, to be ranked 53rd on the ASX, before being acquired by China's CKI.
In addition to his position as a member of Dussur's Board, where he was appointed by the Saudi Arabia Public Investment Fund (PIF) and serves on Dussur's Audit and Risk Committee, David is also a Non-Executive Director of Endeavor Energy, the New South Wales electricity distributor. He has previously held senior management roles for a number of unlisted funds, and served on the boards of asset companies in utilities, toll roads, ports, rail and forestry.
David holds a Bachelor's Degree in Economics from Adelaide University, and an MBA from the Australian Graduate School of Management.
Mr. Abdullah M. Al Kobraish Board Member
Abdullah was appointed Chief Audit Officer of Saudi Railway Company in 2017 and has been responsible for implementing and developing a world-class audit function at the organization.
He has over 15 years' experience in similar roles across diverse sectors within the Kingdom, including Astra Group, one of the country's top ten privately owned companies, Al Faisaliah Group and Advanced Electronics Company.
Prior to becoming a Dussur Board Member, Abdullah held various Board and Committee positions and he currently sits on the Board of Directors for Franway Investments. He is General Supervisor of the Hospitality Union and is also Chairman of the Audit Committee at Al Faleh Sport House Company and Alkobraish Investment and Contracting.
Abdullah holds a Bachelor of Science in Accounting from King Saud University in Riyadh, and an MBA from Middle Tennessee State University, USA.