Faisal Alferdos, Chief Executive Officer CEO

Faisal Alferdos

Chief Executive Officer CEO

NEARMOTION

Location
Saudi Arabia - Riyadh
Education
Master's degree, EMBA
Experience
11 years, 2 Months

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Work Experience

Total years of experience :11 years, 2 Months

Chief Executive Officer CEO at NEARMOTION
  • Saudi Arabia
  • My current job since January 2016

• Established NEARMOTION from ideation stage to reach a $12million valuation.
• Driving the company's vision and strategic direction, with a focus on innovation and cutting-edge solutions.
• Demonstrated exceptional leadership skills, fostering a high-performance culture while attracting and retaining top talent.
• Pioneered the launch of industry-leading solutions, positioning NEARMOTION as a key player in the innovation landscape.
• Grew userbase by 165% in 6 months, increased revenues by 230%, and achieved profitability within 12 months of operations.

Head of Asset Management at Musharaka Capital
  • Saudi Arabia - Khobar
  • April 2013 to December 2015

• Led a team of investment professionals, fostering collaboration and delivering outstanding results for clients.
• Implemented investment management system that improved operational efficiency by 50%.
• Oversaw SR1 billion portfolio of assets, increasing returns on investment by 12%.
• Developed strategies and structured deals to maximize yield with lower risk for clients.
• Launched one of the first REITs in Saudi Arabia, with an initial capital of SR500 million.

Education

Master's degree, EMBA
  • at Prince Mohammad Bin Salman College
  • February 2023

Top of Class

Bachelor's degree, Environmental And Architectural Engineering
  • at King Fahd University Of Petroleum & Minerals
  • October 2005

Architectural Engineering

Specialties & Skills

Fund Managers
ICT Consulting
Venture Capital
Investments
IT Transformation

Languages

Arabic
Native Speaker
English
Expert
French
Beginner

Memberships

Misk Leadership
  • Member of Saudi Leadership Society
  • November 2022