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Adel Merheb
Chief Investment Officer - Al Fozan Holding Co.
Adel Merheb is a prominent figure in the corporate landscape of Saudi Arabia, currently serving as a Member of the Board of Directors at United Electronics Company (eXtra). His tenure on the board began in 2021, and he has recently been re-elected for a new three-year term starting May 13, 2024.12
Professional Background
Merheb has a robust background in finance and risk management. He holds a Master's degree in Business from Al Yamamah University and a Bachelor's degree in Business from Arab University, which he obtained in 2012.23 His professional experience includes various leadership roles:
- Executive Vice President at Etihad Atheeb Company (2023 - present)
- Consultant and Institutional Risk Expert at the Industrial Fund for Development (2020 - 2023)
- Executive Director of Risk and Business Continuity at Zain Telecom (2018 - 2020)
- Executive Director at Al Rajhi Bank (2014 - 2018)
- Various leadership positions at Saudi Hollandi Bank from 2003 to 2014.24
Current Roles
In addition to his position at eXtra, Merheb is also involved with Al Badia Cement JSC, where he holds a board membership since 2021.4 His expertise is particularly recognized in risk assessment and financial management, contributing significantly to the companies he serves.
Affiliations
Merheb is an active member of the Saudi Economic Association, reflecting his commitment to economic development in the region.23
Adel Merheb's extensive experience and educational background position him as a key player in the strategic decision-making processes within eXtra and other organizations he is affiliated with.