Managing Director
Quest International
Total years of experience :47 years, 8 Months
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
* Managed a trading portfolio exceeding SR. 200 MN and outperformed the market by 100%
* Marketed offshore private equity investment opportunities in coordination with internal
investment banks to high net worth individual & institutional clients
* Managed credit portfolio for high net worth individuals and corporate accounts in tune
of facilities amounting to SR. 1, 000 MN and reviewed significant facility proposals for
on behalf of the second largest shareholder of a multinational bank in the kingdom.
Managed Corporate Finance & Investment Department
Managed Portfolio Of various business Units of the Group
RE Dev.. & Mkg ), Jeddah, Saudi Arabia
(Promoted from GM position to VP position middle of June 2004)
Managed Finance & Investments Dept
Managed the Finance & Investment functrions
Managing the Performance of a Portfolio of 11 Business Units in various industrial and services sectors;
Appraising the Bank Facilities of a local Bank for the ratification of the Board Member
Implenmentation of various Management Concepts in the sisters companies
Appraisal of various ongoing and / or new Projects for recommendation to BOD
Managed the Investment Department
Supervised the finance Department
Managed Branch oeprations
Team Leader for banking credit facilities services
Managed 2 Bank Branches (Sousse and Kelibia )
Handled review and recommendationof portfolio of comapnies for credit facilites in various sectors
Diploma in THe Balance Score Cards Implementation from Olayan Financing Co.