Our client, a leading and ambitious real estate development company based in Madina, Saudi Arabia is seeking a highly experienced and visionary Chief Executive Officer to lead the company through its next phase of exponential growth. The ideal candidate will be a seasoned leader with a proven track record in developing and delivering complex mixed-use real estate projects, with a particular expertise in the hospitality sector (hotels, resorts, serviced apartments). The CEO will be responsible for executing the overall strategic direction, driving profitability, ensuring operational excellence, and building a world-class brand synonymous with quality and innovation in the Saudi market.
Key Responsibilities:
- Develop and execute the company’s long-term business plan.
- Lead the capitalization strategy, manage banking relationships, and secure funding for the development pipeline.
- Provide overall leadership and direction for all company operations, including development, construction, finance, commercial, and HR.
- Act as the primary company representative to investors, the board of directors, government authorities, and the media.
- Drive the company's brand identity and market positioning as a leader in mixed-use and hospitality development.
- Ensure the highest standards of corporate governance, risk management, and compliance.
Qualifications & Experience:
- A minimum of a Bachelor’s degree in a relevant field such as Civil Engineering, Architecture, Real Estate Development, Business Administration, or Finance.
- A Master’s degree (e.g., MBA, MSc in Real Estate) from a globally recognized institution is highly preferred
- A minimum of 20 years of progressive leadership experience in large-scale real estate development, with at least 10 years in a senior executive role (e.g., CEO, COO, Senior Vice President) overseeing a significant portfolio.
- Proven P&L Responsibility: Demonstrable experience managing a business unit or company with substantial revenue and asset value (e.g., SAR 1 Billion+).
- Mixed-Use & Hospitality Expertise
- A documented history of successfully leading the end-to-end development of at least 3-5 major mixed-use projects (minimum 100,000 sqm GFA).
- Deep, hands-on experience in the hospitality sector, having worked directly with international hotel operators (e.g., Marriott, Hilton, Hyatt, Accor, Rotana) on development, branding, management agreements, and pre-opening activities.
- Full Project Lifecycle Mastery: Comprehensive experience overseeing all project phases: land acquisition, feasibility studies, master planning, design management, financing, construction, sales & marketing, handover, and asset management.
Preferred Candidate:
- Based in or willing to relocate to Saudi Arabia.
- Experience with giga or large master-planned developments is highly desirable.
- Experience working for renowned real estate developers in the GCC region.
Job Type: Full-time
Ability to commute/relocate:
- Madinah: Reliably commute or willing to relocate with an employer-provided relocation package (Preferred)
Education:
Experience:
- hospitality and residential: 10 years (Required)
- leadership: 8 years (Required)
- progressive design: 10 years (Required)