Managing Director
Quest International
Total years of experience :45 years, 0 Months
* Marketed offshore private equity investment opportunities in coordination with internal investment banks to high net worth individual & institutional clients
* Managed portfolio of stocks of listed companies for a size of Saudi Riyals 200 million and achieved a bottom line of SR 99million in the 4 years of Management
MAJOR ASSIGNMENTS AND ACCOMPLISHMENTS
* Managed business financial function (introducing/implementing/streamlining financial
systems, financial & management reporting, treasury, banking and asset management,
structuring & restructuring of banking facilities, introduction of performance
management systems, business benchmarking & performance monitoring, liaising with
auditors, bankers & consultants)
* Introduced and implemented standard operating policies & procedures and unified
group reporting practices
* Introduced performance monitoring systems & managed the monitoring of the
operating performance of a portfolio of group's business units on a regular basis
* Co-developed and co-managed introduction and institutionalization of Balance
Scorecard performance management system at a set of diverse business units of the
group (with a combined turnover exceeding SR. 700 MN per annum)
* Co-developed 5 years real estate business plan for the Group (projects development &
marketing). Led valuation of real estate projects developed by the Group;
* Developed real estate finance program with specific financing scheme and participated
in the raise of funds for around SR 900mio for a major real estate project in Medina
through the launch of a public placement offering.
* Managed complete cycle of feasibility studies from market study to ultimate enter/drop
recommendation.
* Formulated annual and long range asset management plan of the group for a total asset
base exceeding SR. 230 MN (source of financing, portfolio diversification, country
investment exposure, risk measurement, territorial diversification).
* Contributed towards formulating and supervising implementation of a series of
restructuring/re-engineering initiatives aimed at turning around businesses at financial
distress.
* Played a significant role at various stages of managing group business acquisitions,
with aggregative acquisition consideration in tune of SR. 600 MN (enterprise valuation,
negotiation of acquisition, post acquisition integration, synergy realization, monitoring
post acquisition phase, funding and payback strategy for the group, financial
restructuring, etc).
* Conceptualized, developed and implemented an integrated decision support system at
group subsidiaries and associate undertaking to facilitate better business decision
making.
* Managed banking relationships of the business and succeeded in raising more than SR.
500 MN in banking facilities
(CV- Mustapha H. Kelthoumi) Page 5 of 5 Dec 2014
* Managed a trading portfolio exceeding SR. 200 MN and outperformed the market by
100%
courses: * Certified Public Accountant CPA –Accountancy /