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Ayman Al-Mudaifar…accumulated experience in real estate development culminated in his appointment as CEO of “NEOM”.

Ayman Al-Mudaifar…accumulated experience in real estate development culminated in his appointment as CEO of “NEOM”.

November 13, 2024 Catherine Williams - Chief Editor News

Engineer Ayman Al-Mudaifar, who has been appointed as NEOM’s CEO today, relies on the experience he has accumulated in the public and private sectors in various fields, as he has become one of the prominent Saudi experts in the real estate development sector.

Al-Mudaifar has held the position of Head of Local Real Estate Investment at the Public Investment Fund since 2018, overseeing more than 50 real estate projects. He also serves as a member of the Public Investment Fund’s Administrative Committee.

Al-Mudaifar began his career twenty-five years ago with the Industrial Development Fund, where he worked as an Assistant Credit Analyst, a Senior Credit Analyst and then a Credit Consultant.

Al-Mudaifar then held several leadership positions, including Chairman of the Board of Directors of Saudi Real Estate Company, CEO of Shomal Holding Company, and CEO of Al-Andalus Real Estate Company. The director of inspection department of capital market authority.

He served as the Chairman of the Board of Directors of Roa Al-Madinah Holding Company, one of the public investment fund companies, in addition to his membership on the boards of New Murabba Company, Badshah Abdullah Financial Center Management and the like. Development Company, Board of Directors of General Civil Aviation Authority and an independent Board of Directors of Al-Khair Company.

Engineer Al-Mudaifar holds a bachelor’s degree in systems engineering from King Fahd University of Petroleum and Minerals and completed a credit program from Chase Manhattan Bank.

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