Research Briefing — Azzam Saud Al-Madhihim

Executive Summary

Mr Al-Madhi is the Co-head of MENA Direct Investments at the Public Investment Fund (PIF). Recognised as a leading corporate executive, Mr Al-Madhi has over two decades of experience driving strategic growth within businesses in the Kingdom. Prior to joining PIF, he held the position of Senior Managing Director and Member of the Board at Abdul Latif Jameel (ALJ) Investments. Preceding his role at ALJ, Mr Al-Madhi was an advisor to the Minister of Labor in Saudi Arabia, served as the CEO of Volkswagen Group Saudi Arabia, and held a number of positions at SAGIA, McKinsey and Company and Saudi Aramco. He was named a Young Global Leader by the World Economic Forum, joining the class of 2017. In naming Mr Al-Madhi, the Forum characterised him as a recognised corporate executive who has emerged a champion of job creation, employment and infrastructure in Saudi Arabia'.

Current Board Positions

Company	Ticker	Role	Since	Sector
Saudi Ceramic Co.	2040	CEO	—	Industrials

Career History

Category	Entries
Previous Employers	Public Investment Fund (PIF), Abdul Latif Jameel (ALJ) Investments, SAGIA, McKinsey & Company, Saudi Aramco, Ministry of Labor Saudi Arabia
Key Roles	Co-head of MENA Direct Investments, Senior Managing Director, Board Member, Advisor to the Minister of Labor, CEO
Sectors	sovereign wealth, private equity, automotive, government, oil and gas, professional services
Sovereign Wealth Funds	PIF (Saudi)
Government Entities	Ministry of Labor Saudi Arabia, SAGIA
Merchant Family Groups	Abdul Latif Jameel (ALJ) Investments
International Boards	World Economic Forum

Skills & Competencies

Strategic Leadership Corporate Governance

Professional Profile

Education	Executive Education (Global Leadership and Public Policy for the 21st Century), Harvard Kennedy School; Master of Business Administration (MBA), MIT Sloan School of Management; BSE In Chemical Engineering, University of Pennsylvania
Universities	Harvard Kennedy School, MIT Sloan School of Management, University of Pennsylvania
Gender	Male

Remuneration

Year	Company	Total Fees
2023	ACWA Power	11,560

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