Family Office

SEDCO Holding

Background to the wealth of the Bin Mahfouz familySEDCO Holding was originally founded in 1976 as Saudi Economic and Development Company by the late Sheikh Salem Ahmed Bin Mahfouz. Sheikh Salem was the founder in 1953 of the National Commercial Bank, the first Saudi bank to receive a licence. Initially established as a

Headquarters
Jeddah
Asset classes & sectors
CommercialConsumer GoodsConsumer ServicesHealthcareIndustrialIndustrialsResidentialseries aseries bTechnology

Decision-makers

Abdulwahhab Abed
Chief Executive Officer, SEDCO Capital
Tharwat Amer
Group Chief Financial Officer
Yaser Binmahfouz
Chairman, SEDCO Holding
Osama A. Banaja
Chief Direct Investments Officer, SEDCO Holding
Ghazal Binmahfouz
Board Member, SEDCO Holding
Ryan Binmahfouz
Member, Family Council, SEDCO Holding
Badr Binmahfouz
Board Member, SEDCO Holding
Mohammad Shawli
Manager, International Investments
Mehdi Chaouch
Senior Director, Private Equity
Rayyan Nagadi
Chief Executive
Abdul Rahman Alsafadi
Investment Director, Domestic Investments
Riaz Sanai
Vice President, Real Estate
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