Executive Director for International and Private Equity
Kingdom Holding Company
Dr. Adel Al Sayed has more than 25 years of experience in financial advisory, asset management and private equity investments. His last position was the CEO of United Gulf Investment Corporation (UGIC) a Bahrain-listed Company focused on promoting and investing in industrial projects in the Gulf region. He previously worked for Kuwait-based Gulf Investment Corporation (GIC), which is one of the largest and oldest private equity players in the region owned by the GCC countries, where he was responsible for all business development activities in the six GCC countries, and he played a key role in managing and exiting all of GIC’s direct investments in Saudi Arabia.
He worked as a Senior Financial Analyst with the Middle East and North Africa Department of the World Bank in Washington DC between 1992 – 1994; as the Deputy General Manager with Rana Investment Company in Saudi Arabia; and with Saudi American Bank (Samba) as Head of the “Corporate Finance & Equity Advisory” Department between 1996 – 2000. Between 2000 and 2004 he was the Co-Head of the Middle East Department at Bahrain International Bank in Manama, Bahrain responsible for direct investments in the region.
Dr. Al Sayed started his career as a Civil Engineer with the Royal Commission for Jubail & Yanbu in Saudi Arabia in 1982. He holds (i) BSc. in Civil Engineering, University of Petroleum & Minerals, Saudi Arabia; (ii) MSc. in Engineering Management, Milwaukee School of Engineering, Wisconsin, USA; and (iii) PhD. in Finance, George Washington University, Washington, DC., USA.
In addition, Dr. Alsayed served as a Board member in “Gulf Ferro Alloys Co. (Sabayek) in Jubail, Saudi Arabia ; and is currently a Board member in “A. H . Alsayed & Sons Co.”; and the Tadawul listed “Buruj Cooperative insurance Co.” in Riyadh, Saudi Arabia.