Who’s Who: Sultan Alshahrani, chief corporate officer of King Abdullah Financial District Development & Management Co.
Sultan Alshahrani is the chief corporate officer of the King Abdullah Financial District Development and Management Co., or KAFD DMC.
The business executive has 23 years of experience in human resources, procurement, logistics and shared services (administration, facilities management and security and safety). Alshahrani was recently honored with the Procurement Pioneers Award by the Chartered Institute of Procurement and Supply. This was in recognition of KAFD DMC becoming one of the first organizations in the Kingdom to obtain both the CIPS’ procurement excellence certification and ethics award.
For his exceptional contributions to the company’s procurement management team, Alshahrani was presented this accolade at the recent CIPS Saudi Arabia Procurement and Supply Chain Conference and Awards.
The CIPS is a global non-profit organization dedicated to upholding excellence in procurement and supply by ensuring the comprehensive assessment of teams and individuals.
The award not only recognizes Alshahrani’s leadership and efforts to elevate KAFD DMC’s procurement strategy and value creation, but also acknowledges the company’s resilience, vision, and dedication to excellence, innovation, and ethical standards across its operations.
KAFD DMC is a wholly-owned subsidiary of Saudi Arabia’s Public Investment Fund and oversees the development of the King Abdullah Financial District, a landmark project considered a key driver of Riyadh’s economy.
Alshahrani has held senior positions in companies including Zain KSA, Al-Faisaliah Group and STC, where he honed his skills in stakeholder management, corporate strategy and planning, risk management, compliance, governance and corporate communications.
He has participated in and managed major transformation projects, including for STC’s restructuring (2002 and 2008), VIVA Kuwait’s establishment (2009 to 2011), Intigral’s restructuring (2012 to 2013), Al-Faisaliah Group’s restructuring (2014), Zain KSA’s restructuring (2015 to 2018), and KAFD’s establishment (2018 to date).