Majed Alghamdi, Head of Business Development

Majed Alghamdi

Head of Business Development

Alistithmar Capital

Location
Saudi Arabia - Jeddah
Education
Master's degree, Global MBA
Experience
23 years, 4 Months

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Work Experience

Total years of experience :23 years, 4 Months

Head of Business Development at Alistithmar Capital
  • Saudi Arabia - Riyadh
  • My current job since July 2016
Head of Wealth Management at Maceen Capital
  • Saudi Arabia - Riyadh
  • August 2015 to June 2016
Director - Head of Sales and Private Placement at MEFIC Capital
  • Saudi Arabia - Riyadh
  • July 2013 to August 2015

Responsible to promote the products and services of MEFIC such as the Investment Funds of all types as well as the Investment Banking transactions to the HNW & UHNW client. Responsible for the Management a team of sales professionals and of supporting them through training and on-the-job mentoring, Responsible for the monitoring of the sales team activities to ensure achievement of targets and that their conduct is in line with the acceptable practices of the industry. May introduce new deals for the investment banking business as well as Real Estate investment opportunities.

Head of Private Banking Department at KSB Capital
  • Saudi Arabia - Riyadh
  • April 2012 to June 2013

Responsible for managing & expanding the UHNW & institutional clients segments and to offer them full fledge investment services solutions tailored made to their requirements.
Managed to introduce KSB Capital Group and to develop valuable clients’ relationships in my firstUHNWI, and Institutions) for the Corporate Finance, Real Estate & Asset Management/Discretionary Portfolio Management business lines.
New deal sourcing as I also managed to refer a number of potential deals for Corporate Finance, Real Estate and Discretionary Portfolios.
Manage a team of wealth managers- include joint field visits, training and managing their day-to-day activities to ensure achievement of targets,
Put in place Fund-raising and Placement marketing strategy for the corporate finance deals and the investment products- real estate, equity and others.
I have exceeded my business targets and managed to grow the size of AUM at KSB by a multiple folds.
Member of the Product Development Committee, working closely with our Asset Management team and the Corporate Finance team on sourcing and placing deals.

Private Banking Relationship Manager at Arab National Bank
  • Saudi Arabia - Jeddah
  • November 2010 to October 2011

Responsible to develop the relationship between the bank and the HNW & UHNW clients, also I am responsible to attract new clients that meets the segment of private banking
I worked closely with my clients (institutions and HNW) to service their financial needs whether on the investment side or on the credit-debt side to meet their financial needs and to help them enhance their returns and reduce their investment risk using all the bank’s available products and services.
I also provide my clients with credit facilities whenever its necessary to accommodate their financial & investment needs

Private Banking Relationship Manager at NCB
  • Saudi Arabia - Jeddah
  • July 2007 to September 2010

•It was my responsibility to develop, acquire and service private banking clients from the segment of HNW & UHNW clients,
•Responsible to develop the relationship between the bank and the HNW & UHNW clients, also I am responsible to attract new clients that meets the segment of private banking,
•it was also my responsibility as well to provide superior personalized services and tailored financial solutions to PB clients aiming to become the favored wealth management provider to the HNW & UHNW clients in the region using the bank’s best product & solutions such as; Private Equities, Credit facilities, Structured Products and Mutual Funds.

Private Banking Credit Officer at NCB
  • Saudi Arabia - Jeddah
  • April 2003 to June 2007

•Responsible for preparing credit facilities proposals,
•follow up with the credit department to check on the status of the loan application,
•Monitor the approved lines movements the credit facilities within the Private Banking department in the western region.

Credit Officer at Riyad Bank
  • Saudi Arabia - Riyadh
  • July 2000 to March 2003

•Responsible for preparing credit facilities proposals,
•Follow up with the credit department to check on the status of the loan application,
•Monitor the approved lines movements the credit facilities within the Private Banking department in the Central region.

Education

Master's degree, Global MBA
  • at Manchester Business School
  • January 2018

Specialties & Skills

Management
Credit Facilities
Wealth Management
Leadership
Creative Problem Solving
presentation skills
Organizational Development
communication skills

Languages

Arabic
Expert
English
Expert

Training and Certifications

CME-1 (Certificate)
Date Attended:
March 2013
Valid Until:
March 2013