Rashid Alkanhal, Director of Local Content Department

Rashid Alkanhal

Director of Local Content Department

Ministry of Commerce and Industry

Location
Saudi Arabia
Education
Master's degree, MBA
Experience
16 years, 9 Months

Share My Profile

Block User


Work Experience

Total years of experience :16 years, 9 Months

Director of Local Content Department at Ministry of Commerce and Industry
  • Saudi Arabia - Riyadh
  • My current job since December 2015
Business Development Manager - Feasibility assesment at Dr. Sulaiman Al-Habib Medical Group
  • Saudi Arabia - Riyadh
  • March 2015 to December 2015

- Preparing preliminary and detailed feasibility studies for investment proposals, new projects and other business opportunities.

- Evaluating projects in financial and marketing point of view.

- Leading negotiation of terms & legalities and legal document preparation & review for these projects.

Credit Division Manager at Saudi Industrial Development Fund
  • Saudi Arabia - Riyadh
  • August 2007 to March 2015

• Responsible for the supervision of a division consisting of two teams, 13 highly qualified Credit Consultants, who work on the loan application and evaluation process for new or expansion projects across multiple industries

• Supervise a current portfolio of more than 150 projects that span multiple industries including Paper, Packaging, Food Services, Building Material and Automobile Parts.

• A member of SIDF Loan Committee which is responsible for reviewing and evaluating all loans appraisals for approval or any major amendment in the loan agreement (e.g. change in security, waiver of covenants … etc.)

Selected Experiences:

• Supervised different portfolios totaling more than 250 projects that range from SME projects with capital investments of SR 4 million to Mega strategic projects with total capital investments of more than SR 20 billion that span multiple industries including Industrial Services, Mining, Food Services, Pharmaceutical, Healthcare, building material and Commercial and Residential Real Estate industries

• Actively evaluated over 40 project feasibility evaluations that consisted of an analysis of technical and marketing consultant due diligence, the audit of all costs, and the continued monitoring of all loan investments through the project lifecycle

• Led over 30 time-sensitive legal negotiations involving discussions regarding contracts, covenants, and loan terms that need to be evaluated on a case-by-case basis.

• Developed over 15 detailed industry studies that shaped the creation of SIDF financing policies and performed sector-specific evaluations that identified key areas of focus for SIDF growth

• Managed the coordination and implementation of consultancy services to clients within the project portfolio that are underperforming financially or operationally

Education

Master's degree, MBA
  • at Queen's University
  • March 2013

Graduated with Honors

Bachelor's degree, MIS
  • at KFUPM
  • July 2007

Graduated with Honors

Specialties & Skills

Feasibility Studies
Teamwork
Finance
Leadership
Business Valuation
Business Valuation
Financial Analysis
Feasibility Study
Computer Programing
Financial Modeling
Project Management

Languages

Arabic
Expert
English
Expert

Training and Certifications

Investments, Valuations, Merger & Acquisition and Corporate Banking (Training)
Training Institute:
JPMorgan Chase
Date Attended:
August 2014
Duration:
320 hours