Alkroud currently serves as the Head of Domestic Real Estate Investments at the Public Investment Fund (PIF), where he oversees the development of a diverse portfolio of local real estate and infrastructure assets. His work spans major sectors including hospitality, retail, and entertainment, positioning him as a key leader in Saudi Arabia’s urban transformation.
Chairman of the Board of Directors
Saad Alkroud
Saad Alkroud has been appointed as the Chairman of the Board of King Abdullah Financial District Development & Management Company (KAFD DMC), the entity responsible for owning and developing the landmark King Abdullah Financial District in Riyadh. With more than two decades of expertise in finance, real estate, and strategic investments, he has played a central role in advancing Saudi Arabia’s real estate portfolio and giga-projects under Vision 2030.
Career Journey
– Chairman of the Board – King Abdullah Financial District Development & Management Company (2025 – Present) – Head, Domestic Real Estate Investments – Public Investment Fund (Present) – Chief of Staff & Secretary General – Public Investment Fund Board of Directors (2016 – 2023)
Academic Credentials
– Master’s in Management & Leadership – University of La Verne, USA – Bachelor’s in Finance – King Fahd University of Petroleum & Minerals (KFUPM), Saudi Arabia
Leadership Impact
Alkroud’s leadership has been instrumental in shaping PIF’s real estate and infrastructure strategy, delivering transformative projects that contribute to economic diversification. His appointment to lead KAFD DMC reflects his capacity to align strategic vision with execution, positioning KAFD as a global financial and business hub at the heart of Riyadh’s future development.
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