The meeting was attended by KHC Board that comprises Talal Almaiman, executive director for development and domestic investments, Sarmad Zok, executive director of hotel investments, Adel Alsayed, executive director for private equity, international investments and the non-executive board members that included Shadi Sanbar, senior financial adviser to the chairman, Khaled Al-Saheem, Taher Agueel and Rasha Elhoshan,
Prince Alwaleed represented Saleh Al-Sagri during the meeting in his absence.
The meeting was also attended by Mohammed Fahmy, KHC’s CFO, Fahad bin Saad bin Nafel, executive assistant to the chairman, Mohammed Alduwais, chief accountant KHC, Majed Altoukhi, director of business development and operations KRED and Olivier Hochstaettler, M&A and investments director KRED.
The board meeting was held to oversee KHC’s performance in 2014, approve 2015 budget and operation strategy.
Furthermore, the meeting outlined and fortified KHC’s diversified investment strategy, long term vision for growth and development, and for future prospective investment opportunities.
Prince Alwaleed commented: “Kingdom Holding concludes 2014 with a strong performance.”
Founded in 1980, KHC is a publicly traded company which was listed on Tadawul in 2007.