Sulaiman Al Rumaih Appointed as the Chief Executive Officer for SALIC
The Saudi Agricultural and Livestock Investment Company(SALIC) announced today the joining of Mr. Sulaiman Al Rumaih as the new Chief Executive Officer replacing Mr. Matthew Jansen who left to pursue a new challenge.
Mr. Al Rumaih said: “I am delighted to have been appointed as SALIC’s next CEO. It is such an honor to be part of an organization that plays an important role in the food security of Saudi Arabia. SALIC will continue managing current investments while exploring new markets in line with The Company strategy and Saudi Vision 2030”.
Mr. Al Rumaih has a combined experience of about 20 years in a number of industries. Prior to joining SALIC, he served as a Chief Executive Officer at Tamimi Group, which is one of the largest Saudi group, consisting of around 45 companies and operating locally and globally. Before that he has undertaken various roles mainly in GE Energy and Saudi Electricity Company.
Mr. Khaled Al Aboodi, SALIC Managing Director stated: “SALIC’s business is growing to contribute in meeting the National and global food security demand. Mr. Al Rumaih will lead SALIC with his proven leadership skills and rich local and global experience to a new height to become a global food and agribusiness conglomerate.”
The Saudi Agricultural and Livestock Investment Company (SALIC) was established by Public Investment Fund in 2012 with a key mandate to expand Saudi Arabia agriculture investments in the most globally developed agriculture markets to meet the Saudi Arabia’ s food security. It has large investments in Black Sea, North and South America and Australia.