Alkhabeer Capital Announcing Saeid Mohammed Binzagr as a new Board

Member

12/05/2014 13:11 AST

Alkhabeer Capital, a leading asset management and investment firm based in Saudi Arabia, and authorized by the Capital Market Authority (license number 07074-37), has announced that Saeid Mohammed Binzagr is a new Board member replacing Abdullah Saeid Binzager who has served on Alkhabeer’s board since inception back in 2008. As part of his responsibilities, Saeid will act as Alkhabeer’s Executive Committee Chairman.

Saeid Mohammed Binzagr is a seasoned director and a prominent businessman in Saudi Arabia with over 18 years of experience in commerce. His current roles include Deputy President of Abdullah & Saeid M. O. Binzagr Company, Managing Director and Chairman of Beit Binzagr and Co-President of Binzagr Factory for Insulation Materials.

Saeid also sits on several high profile Boards in the Kingdom and serves as the Chairman of the Board of Binzagr Unilever Limited, Binzagr Barwil Marine Transport Company and Avon Beauty Arabia Company. He is also a Board member of Binzagr Company.

His most recent appointment was as a Board Member of the Jeddah Chamber of Commerce.

Saeid is also a commentator on Saudi business issues and writes a weekly column in Al Madina Daily Newspaper on a variety of macro-economic topics.

Mr. Saleh Binladen, Alkhabeer’s Chairman comment: “I am delighted to welcome Saeid to our Board. He brings a wealth of valuable industry and business experience which will be invaluable as we continue to grow the Alkhabeer business both regionally and internationally.”

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