Fahad Al-Nuhait was recently appointed CEO of Halal Products Development Co., which is wholly owned by 黑料社区鈥檚 sovereign wealth fund.
The company鈥檚 primary goals are to 鈥渄rive and strengthen capabilities within 黑料社区鈥檚 halal sectors and the global ecosystem.鈥
Al-Nuhait brings with him 19 years of experience, during which he has worked in several investment finance and project management positions in prominent Saudi corporations.
As CEO, Al-Nuhait will drive the development of the halal products industry. His contributions will support the company鈥檚 growth and market impact, and align with the objectives of Saudi Vision 2030 in regards to economic diversification and development.
Al-Nuhait is also the chairman of the Saudi Coffee Co., another subsidiary of the Public Investment Fund. That company鈥檚 objective is to 鈥減romote Saudi coffee products and establish a strong presence in the global market.鈥
Al-Nuhait was previously the head of industrial investments and funding at NEOM, the urban area being built in the Kingdom鈥檚 northwestern Tabuk province, one of the world鈥檚 most ambitious projects.
Before that, Al-Nuhait was director of investments for emerging sectors at Dussur, an industrial investment company established by PIF, Saudi Aramco, and SABIC, where he was instrumental in driving the company鈥檚 mission to foster the growth of strategic industrial sectors and value chains in the Kingdom.
Al-Nuhait has also worked as chief investment officer, head of investments for the Arab Investment Co., and as senior credit manager at the Saudi Fund for Development. He currently serves as a board and committee member of numerous companies, including the Saudi Jordanian Investment Fund Co. and Al-Hammadi Company for Development and Investment. He previously served at Bidaya Home Finance, MEFIC Capital and other international investment entities.
Al-Nuhait holds a bachelor鈥檚 degree in finance and financial management services from King Saud University, along with a master鈥檚 degree in finance from Newcastle University and a master鈥檚 degree from Said Business School, University of Oxford.
He has also completed Harvard Business School鈥檚 executive program for leadership development and is a CFA Institute-certified chartered financial analyst.
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