Organizational structure

The organizational structure serves as a foundational pillar, offering a clear and cohesive view of the internal framework. It outlines the roles and objectives of each unit in a systematic way that promotes synergy and alignment across departments. Designed to enhance institutional performance, the structure helps clarify responsibilities, minimize overlap, and reduce redundancy—ultimately contributing to a more harmonious and stable work environment.

    divider icon
    Board of directors

    The board of directors of the Tourism Development Fund consists of six 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)

    Director Image
    H.H. Princess Haifa Al Saud

    Vice Minister of Tourism

    Director Image
    H.E. Ihsan Bafakih

    Board member

    Director Image
    Mr. Stephen Groff

    Governor of the National Development Fund (NDF)

    Director Image
    Mr. Mohammed Al Omran

    Vice Chairman

    Director Image
    Mr. Abdulmohsen Altouq

    Board member

    divider icon
    Board of Director Committees

    The Board of Directors oversees four specialized committees, each composed of members with diverse academic and professional expertise that aligns with the committee’s specific area of focus.

    Credit Committee

    divider icon
    • H.H. Princess Haifa Al Saud

    • H.E. Ihsan Bafakih

    • Mr. Mohammed AlOmran (Chairman)

    • Mr. Abdulmohsen AlTouq

    • Mr. Qusai AlFakhri

    Risk and Compliance Committee

    divider icon
    • Mr. Abdulmohsen AlTouq (Chairman)

    • Mr. Mohammed AlOmran

    • Mr. Ahmed AlRowaily - Independent

    • Mr. Yazeed AlJared - Independent

    Audit Committee

    divider icon
    • Mr. Abdulmohsen AlTouq (Chairman)

    • Mr. Adeeb Abanmi – Independent

    • Mr. Abdulaziz AlZammam – Independent

    • Mr. Yousef AlSohibani – NDF representative

    Nomination and Remuneration Committee

    divider icon
    • H.E. Ihsan Bafakih (Chairman)

    • Mr. Ahmed AlRajeh - Independent

    • Mr. Ahmed AlSudais - Independent

    divider icon
    Executive Management

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

    Team Member
    Qusai A. Al-Fakhri

    Chief Executive Officer

    Team Member
    Naif Al-Madi

    Chief Business Officer

    Team Member
    Ayoob Aloshan

    Chief Finance Officer

    Team Member
    Mohammed Al-Romaizan

    Chief of Staff and Chief Governance Officer

    Team Member
    Faisal Alshaikh

    Chief Risk Officer

    Team Member
    Mohammed Abalkhail

    Chief Corporate Services Officer

    Team Member
    May Bin Moammar

    Chief Human Capital Officer

    Team Member
    Badr Alherbish

    Chief Strategy Officer

    Last Updated Date: 20/01/2026 - 03:50 PM Kingdom of Saudi Arabia

    Cookies