NEOM replaces CEO in major shake-up
NEOM, Saudi Arabia, 11 days ago
The NEOM Board of Directors on Tuesday announced the appointment of Eng Aiman Al-Mudaifer as Acting CEO of the company. Eng Al-Mudaifer assumes leadership of NEOM, following Nadhmi Al-Nasr’s departure.
As NEOM enters a new phase of delivery, this new leadership will ensure operational continuity, agility and efficiency to match the overall vision and objectives of the project, the company said.
Eng Al-Mudaifer takes the helm of the organisation with the support of a strong leadership team across NEOM’s regions, sectors and departments, it added.
Head of PIF’s Local Real Estate Division since 2018, Eng Al-Mudaifer has a deep and strategic understanding of NEOM and its projects. In his role at PIF, Eng Al-Mudaifer oversees all local real estate investments and infrastructure projects. He is also a board member of multiple prominent companies within the Kingdom, it said.
"NEOM is a fundamental pillar of Saudi Vision 2030 and progress continues on all operations as planned, as we deliver the next phase of our vast portfolio of projects including THE LINE, Oxagon, Trojena, Magna and The Islands of NEOM. Through these projects, NEOM seeks to achieve harmony between livability, business and nature, and to create a better future for current and future generations," said the company. - TradeArabia News Service