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Greetings,
Masdar was created to fulfill a need within the Saudi market for a company that supplies full range of building materials and provide solutions to the construction requirements with good quality, fast and fair pricing.
Our continued investment in our personnel, operations & support functions have played a critical role in the success we have achieved so far. We are endlessly striving to develop and train our talents and prepare them for future leadership roles, all-in-one to realize our nation’s “Vision 2030”.
By expanding Masdar’s core activities, we aim to be the “One Stop” destination to provide full solutions & innovations to the building & construction sector. Along the way, we are determined to continue our success and meet any challenges raised by specialized demand or requirements. We attribute this success to the strong relationships we have established through our common-sense principles and business values with our customers and partners.
With our loyal stakeholder’s commitment, trust and continuous support, we aim to retain our leading position in the market.
Best Regards,
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Mr. Ahmad AlGhamdi is currently Head of Construction and Building Materials Investments at the Public Investment Fund (PIF).
Mr. Ahmad AlGhamdi is the Vice Chairman of Nesma & Partners, a board member of Southern Province Cement Company (SPCC), a board member of Depa PLC, Chairman of Jasara Project Management Company, and a board member of Saudi Ceramic Company.
Board Member
Diversified Engineering & Managerial experience covering more than 25 years in both public and private sectors. In the beginning of his career he worked in diversified engineering activities within Power and Water sectors, then moved to private sector and acquired vast experience in building materials (trading and manufacturing), namely steel, cement, and timber manufacturing.
Mr. Raed Al-Mudaiheem holds a Bachelor and master degree in Electrical Engineering from King Saud University since 1986. He joined A.K. Al-Muhaidib & Sons in 1997 as General Manager of Al Muhaidib Building Materials and became Managing Director in 2005.
Currently he holds the position as board member of Masdar, the leading building materials company in Saudi Arabia. Moreover, Mr. Raed is currently a board member of affiliated companies such as Saudia Catering, Riyadh Cable, Suez Cement, Bawan Company, as Chairman of United Mining Industries, and as Vice Chairman for North Region Cement, Yamamah Steel and Al Badia Cement.
Board Member
Board Member
With extensive experience within the digital and payments industry in three continents, Renier has broad experience and insight in digital innovation and hyper-growth companies.
Renier served until recently as Group CEO of Geidea, following his tenure as independent director on the Geidea board. He was responsible for driving Geidea’s growth across the region, strengthening its strategic partnerships within the region’s payments and financial networks, as well as spearheading the company’s expansion into the UAE and Egypt.
Renier was also a Board Member of Revolut, and still serves as Chairman of Divido and TransferGo, London-based Fintechs. Over the last decade he served as NED or Chair of a dozen Fintechs. He was also a partner with McKinsey & Company in London, New Delhi, and San Francisco. He is a Professor of Fintech and Innovation at the London Institute of Banking and Finance. His past roles include serving as the CEO of PayPal Europe, Middle East, and Africa – and COO for Barclays International Retail and Commercial Banking.
He holds a Master of Science (MSc) with distinction in Computer Science as well as an MBA with Distinction from INSEAD, France.
Board Member