Fahd Abdulmohsen Al-Rasheed ( ar, فهد بن عبدالمحسن الرشيد) is the chief executive officer of the Royal Commission for Riyadh City (RCRC) - the authority responsible for overseeing the capital city of the Kingdom of Saudi Arabia - since November 2019.

Board memberships

Al-Rasheed serves as Chair of several organizations including the

King Abdullah Financial District The King Abdullah Financial District (KAFD) is a mixed-use financial district located near King Fahad Road in the Al Aqeeq area of Riyadh, Saudi Arabia Managed by the King Abdullah Financial District Development and Management Company (KAFD DMC), ...

, the Saudi Conventions and Exhibitions General Authority, the King Faisal Specialist Hospital & Research Centre, Central Arriyadh Development Company, and the Integrated Logistics Bonded Zone in Riyadh. He is also the vice-chairman of Prince Mohammad bin Salman College of Business and Entrepreneurship– the first of its kind in the Kingdom – which aims to be an incubator and trainer of business entrepreneurs and future leaders across key sectors (governmental, private sector and civil community foundations). The college was established in collaboration with the Mohamed bin Salman Foundation (

MiSK Foundation Prince Mohammed bin Salman bin Abdulaziz Foundation (the MiSK Foundation) ( ar, مؤسسة الأمير محمد بن سلمان بن عبدالعزيز مسك) is a non-profit foundation established by Saudi crown prince Mohammad bin Salman in 2 ...

), Babson International College and

Lockheed Martin Corporation The Lockheed Martin Corporation is an American aerospace, arms, defense, information security, and technology corporation with worldwide interests. It was formed by the merger of Lockheed Corporation with Martin Marietta in March 1995. It is ...

. Al-Rasheed also serves on the boards of multiple organizations including the King Salman Park Foundation, the Sports Boulevard Foundation, the Soudah Development Company, Qiddiya Investment Company, the Diriyah Gate Development Authority, the

King Abdullah University of Science and Technology King Abdullah University of Science and Technology (KAUST; ar, جامعة الملك عبد الله للعلوم و التقنية ') is a private research university located in Thuwal, Saudi Arabia. Founded in 2009, the university provide ...

, and the World Economic Forum's Net Zero Carbon Cities.

Career

Prior to RCRC, he was the Group CEO and managing director of

King Abdullah Economic City King Abdullah Economic City (KAEC, ; ar, مدينة الملك عبد الله الاقتصادية) is a megaproject announced in 2005 by King Abdullah bin Abdulaziz Al Saud, the former king of Saudi Arabia. It was one of six megaprojects that ...

(KAEC) from January 2008 to September 2018, the first publicly-listed city in the world and one of the largest private sector projects globally . The city – located on the

Red Sea The Red Sea ( ar, البحر الأحمر - بحر القلزم, translit=Modern: al-Baḥr al-ʾAḥmar, Medieval: Baḥr al-Qulzum; or ; Coptic: ⲫⲓⲟⲙ ⲛ̀ϩⲁϩ ''Phiom Enhah'' or ⲫⲓⲟⲙ ⲛ̀ϣⲁⲣⲓ ''Phiom ǹšari''; T ...

coast in the Kingdom of Saudi Arabia and covering a total area of is considered one of the most advanced and sustainable cities in the world . Under Al-Rasheed's leadership, KAEC was responsible for developing one of the largest ports in the world (currently ranked among the largest 100 in the world) and attracted over 120 leading global and regional companies to establish their industrial compounds, making KAEC the fastest growing logistics and manufacturing hub in the region . Al-Rasheed also spearheaded the development of a significant number of residential, utility and leisure projects that transformed KAEC into one of the leading tourism and residential destinations in the region. Before joining KAEC, he was the CFO and Deputy Governor of the

Saudi Arabian General Investment Authority The Ministry of Investment (MISA) (), till 2020 as the Saudi Arabian General Investment Authority (SAGIA) (), is a government ministry in Saudi Arabia that oversees foreign investment in the country besides issuing licenses to foreign investors. I ...

(now the Ministry of Investment), and was a financial analyst at

Saudi Aramco Saudi Aramco ( ar, أرامكو السعودية '), officially the Saudi Arabian Oil Company (formerly Arabian-American Oil Company) or simply Aramco, is a Saudi Arabian public petroleum and natural gas company based in Dhahran. , it is one of ...

. Al-Rasheed was honored as a Young Global Leader by the

World Economic Forum The World Economic Forum (WEF) is an international non-governmental and lobbying organisation based in Cologny, canton of Geneva, Switzerland. It was founded on 24 January 1971 by German engineer and economist Klaus Schwab. The foundation, ...

in 2011.

Education

Al-Rasheed holds a Bachelor's of Science in Business Administration from

Washington University in St. Louis Washington University in St. Louis (WashU or WUSTL) is a private research university with its main campus in St. Louis County, and Clayton, Missouri. Founded in 1853, the university is named after George Washington. Washington University is r ...

and an MBA from the

Stanford Business School The Stanford Graduate School of Business (also known as Stanford GSB) is the graduate business school of Stanford University, a private research university in Stanford, California. For several years it has been the most selective business schoo ...

. He is a graduate of the Advanced Management Program in Real Estate at the Harvard Graduate School of Design.

References

{{DEFAULTSORT:Rasheed, Fahd Stanford University Graduate School of Business faculty Olin Business School (Washington University) alumni Saudi Arabian chief executives Chief financial officers Living people Year of birth missing (living people)