Board of Directors

Mr. Faris Bin Ibrahim AlRashed AlHumaid
Chairman
Managing Director and CEO of Sharaka Financial Company, founder & Chairman of Trustees’ Board at OQAL Angel Investors Network and founder & Chairman of Trustees’ Board at Wateen Est, Investor, financial advisor, and board member of several companies. A pioneer in the entrepreneurial and venture investment space, while also establishing himself as a respected Angel Investor and a Founding Partner at several startups Careem, Hal, Lendo, Sabbar, and others. Faris is the Founder & Chairman of the Trustees Board at OQAL, he is also a member and founder of Venture Capital & Private Equity Association, and he is a Mentor at Endeavor Saudi, and an Eisenhower Fellow since 2005. Faris is a Board Member of several listed and unlisted companies including; Bin Dawood Holding, Elm co. Naseej Information Technology, SHL Finance Company and others . Driven by a mission to empower and create, Faris is best known for inspiring entrepreneurs to succeed and seek professional and personal growth. His insights and expertise were recognized and appreciated by the several boards he sat in of endowments, associations, and corporations. He is the controlling owner of Sharakah Financial Company by 95%.

Mr. Ahmed Bin Ibrahim AlFozan
Member
Ahmed has more than 14 years of diverse banking and non-banking experience in handling all aspects of financial, economic, and business analysis, with an extensive understanding of capital markets, asset management, mainly private equity and venture capital. Before joining Derayah, he led the investment department at a semi-government organization with assets under management of more than SAR 5.5 billion. Prior to that, as a senior private equity manager, helped found private equity and venture capital funds at Riyad Capital, where he led the execution of a number of start-ups equity deals. He is also serving multiple Board members including Hala Bostani, Ratio Speciality Coffee, Derayah Retail Fund, and Derayah Healthcare Fund.

Mr. Abdulelah Bin Saleh AlOwayyid
Member
Abdulelah has extensive experience in the investment and venture capital industry. Successfully closed over SAR 100M of investments in both early and late-stage opportunities. Represented as a board member in multiple companies, helped them to triple their performance and achieve substantial milestones. He has various experience managing and supporting portfolio companies to achieve their targets. Abdulelah also is angel investors in multiple startups. Holds a Master of Finance from Australian National University, and BSc.in Finance from King Fahad University of Petroleum & Minerals.