1. Tourism Development Fund

Organizational structure

The organizational guide is a basic document of the organizational organization documents in organizations. Its preparation is to display the units that make it up organizationally, and to state their goals and tasks, which helps in completing the work and reducing duplication and disputes over the distribution of responsibilities and other companies that occur due to the lack of clarity of the main organization in organizations. The organizational guide also provides useful information to parties related to the organization.

    divider icon Board of directors

    The board of directors of the Tourism Development Fund consists of five members with extensive experience in the fields of tourism and investment.

    Chairman Message

    H.E. Ahmad Al-Khateeb

    Minister of Tourism (Chairman of the Board)

    H.H. Princess Haifa Al Saud

    Vice Minister of TourismVice Minister of Tourism

    H.E. Ihsan Bafakih

    Board member

    Mr. Stephen Groff

    Governor of the National Development Fund (NDF)

    Mr. Mohammed Al Omran

    Vice Chairman at the Tourism Development Fund, Member

    Mr. Abdulmohsen Ibrahim Altouq

    Board member

    divider icon Board of Director Committees

    The committees of the Board of Directors of the Tourism Development Fund have been formed, consisting of four committees composed of members with a wealth of experience in various fields.

    Credit Committee

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    • H.H. Princess Haifa Al Saud

    • H.E. Ihsan Bafakih

    • Mr. Mohammed AlOmran (Chairman)

    • Mr. Abdulmohsen AlTouq

    • Mr. Qusai AlFakhri

    Risk and Compliance Committee

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    • Mr. Abdulmohsen AlTouq (Chairman)

    • Mr. Mohammed AlOmran

    • Mr. Ahmed AlRowaily - Independent

    • Mr. Yazeed AlJared - Independent

    Audit Committee

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    • Mr. Abdulmohsen AlTouq (Chairman)

    • Mr. Bandar Ghouth – NDF representative

    • Mr. Adeeb Abanmi – Independent

    • Mr. Abdulaziz AlZammam – Independent

    Nomination and Remuneration Committee

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    • HE Ihsan Bafakih (Chairman)

    • Mr. Ahmed AlRajeh- Independent

    • Mr. Ahmed AlSedais - Independent

    divider icon Executive Management

    An experienced management team to lead on success of the Fund.

    Qusai A. Al-Fakhri

    Chief Executive Officer

    Naif Al-Madi

    Chief Business Officer

    Ayoob Aloshan

    Chief Finance Officer

    Mohammed Al-Romaizan

    Chief of Staff and Chief Governance Officer

    Faisal Alshaikh

    Chief Risk Officer

    Mohammed Abalkhail

    Chief Corporate Services Officer

    May Bin Moammar

    Chief Human Capital Officer

    Badr Alherbish

    Chief Strategy Officer

    Last Updated Date: 03/03/2025 - 01:47 PM Kingdom of Saudi Arabia

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