Saudi Arabia’s NEOM to appoint acting CEO to permanent role

Saudi Arabia’s NEOM to appoint acting CEO to permanent role

Saudi Arabia is to officially appoint Aiman al-Mudaifer as the chief executive of NEOM, the $500 billion mega-project at the heart of the kingdom's drive to diversify away from oil, two sources familiar with the matter said on Tuesday. Mudaifer has been NEOM's acting CEO since November, succeeding Nadhmi al-Nasr, the long-time former chief of the Red Sea urban and industrial development project that is nearly the size of Belgium. Saudi Arabia's …

Aiman Al Mudaifer named permanent CEO of Neom

Acting boss confirmed in role Has worked at PIF since 2018 Neom has yet to comment Neom is to appoint Aiman Al Mudaifer as its permanent chief executive, more than five months after he took on the role of acting CEO. Al Mudaifer has worked for the Public Investment Fund, the $925 billion sovereign wealth fund backing Neom, since 2018. He took over the CEO’s post at Neom, one of the country’s five main giga-projects, after the departure of long-t…

Saudi Arabia's NEOM to appoint Aiman al-Mudaifer as permanent CEO, sources say

Mudaifer has been NEOM's acting CEO since November, succeeding Nadhmi al-Nasr, the long-time former chief of the Red Sea urban and industrial development project that is nearly the size of Belgium