Fahd Al-Rasheed is the Group CEO of Emaar Economic City (EEC), a publicly listed company leading the development of one of the largest private sector projects in the world, King Abdullah Economic City (KAEC). KAEC is being developed as a world-class city on the Red Sea in the Kingdom of Saudi Arabia, with a capacity to host a population of two million people and a planned investment of over USD 100 billion. Under Al-Rasheed’s leadership, EEC developed the first private mega container port in the region and attracted more than 100 leading global and regional companies to establish their manufacturing presence, making KAEC a global logistics and manufacturing hub. Prior to joining EEC, Al-Rasheed held the post of CFO and Deputy Governor of the Saudi Arabian General Investment Authority (SAGIA). Previous to his work in SAGIA, Al-Rasheed worked for Saudi Aramco’s Finance Division where he led strategic initiatives in investments and corporate finance.
Al-Rasheed serves on the boards of several organizations including EEC, King Abdullah Port, Harvard Kennedy School Dean’s Council, Petromin, Saudi Airlines Catering Company, Sama College of Business, the New Cities Foundation, and the Foundation Board of the Global Shapers of the World Economic Forum. Al-Rasheed was honored as a Young Global Leader by the World Economic Forum in 2011, and received the Property CEO Award from “Middle East CEO”, as well as Trailblazer Award from the “Asian Business Leadership Forum” recognizing him as a business innovator in Asia. Al-Rasheed was recently recognized amongst the top 20 CEOs of 700 publicly listed companies in the region by “Trends” and was named amongst the top ten most influential young Arabs under the age of 40 by “Arabian Business.”
Al-Rasheed holds a bachelor’s degree in Business Administration from Washington University in St. Louis and an MBA from the Stanford Business School.