Investment Fund (PIF)
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.
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.
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. Al-Harethi is the Chief Executive Officer of the Kingdom of Saudi Arabia’s National Industrial Development and Logistics Program (NIDLP).
Prior to his role at NIDLP, Mr. Harethi was the Executive Vice President for Innovation & Business Development at SABIC. Before that posting, he was the Executive Vice President of SABIC’s Chemicals business unit. Previously, Mr. Al-Harethi was the Vice President of Global Procurement Services at SABIC. During his time at SABIC, he 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. He 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.
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.
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.
David 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.
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.
Waleed Abdallah AlSaif has over twenty one (21) years of applied experience with Saudi Aramco. Currently he is the General Manager of Transaction Development under New Business Development.
Mr. Al-Saif started his career in 1998 in the Treasury Organization. He has a diverse exposure to various areas within Treasury, Controllers and New Business Development. He also led the Project Finance Teams of key strategic Saudi Aramco joint ventures including PetroRabigh, Yasref and Sadara, and was also part of Saudi Aramco's team tasked with acquiring a strategic stake in Showa Shell, Japan, as well as other key M&A initiatives.
During his career, Mr. Al-Saif held several other managerial assignments, including Corporate Finance & Project Development andProject Advisory, and acted as manager of Treasury Advisory, Treasury Services, Investment Management, Financial Risk Management, as well as extended assignments as director of Transactions & Portfolio Management, and as the Managing Director of Wa'ed (the Entrepreneurship Center).
In 2016, Mr. Al-Saif was tasked to serve as a member of the Kingdom’s Debt Management Office (DMO) Steering Committee established for the Kingdom’s borrowings’ Program, under the Ministry of Finance. In 2018 Mr. Al-Saif was assigned as the Chief Financial Officer of PRefChem, a joint venture between Saudi Aramco and Petronas located in Malaysia.
Mr. Al-Saif also worked with ExxonMobil, Shell, Motiva as well as JPMorgan on short assignments, and was a member of the Samref Board of Directors, a joint venture between Saudi Aramco and ExxonMobil, from 2012 to 2018.
Mr. Al-Saif holds a B.S. in Economics, University of Tampa, USA, and an MBA with Concentration in Finance from the Cameron School of Business at The University of St. Thomas, USA. He also participated in Saudi Aramco’s Leadership Forum, the Asia Business & Culture Program, and has successfully completed an Executive Program at Columbia University, USA.