Ahmed Bin Madhi is the Director of Asset Management for Rua Al Madinah Holding Company, a closed joint stock company fully owned by the Public Investment Fund (PIF). The Company is owner and master developer of mega-scale real estate development projects in the holy city of Al Madinah, including Rua Al Madinah Project & Dar Al Hijra Project. Ahmed’s leadership role within Rua Al Madinah involves strategic decision-making on matters related to investment, deal structuring, business development, real estate development and asset management.
Prior to that, Ahmed held senior positions in the Investment and the Asset Management divisions of Alrajhi Investment, the real estate arm of Awqaf Sulaiman Bin Abdulaziz Alrajhi Holding Company. As Director of Asset Management, he built the asset management team, and was responsible to oversee a development pipeline and portfolio of mixed-use and hotel assets comprising more than 7,500 hotel rooms in several locations across the Kingdom, including the mega Al Naseem Complex in Makkah.
Ahmed’s earlier career included several positions within the Investment Banking Group of Global Investment House Saudi Arabia, where he worked across multiple sectors on research, deal sourcing and execution of transactions advising high profile clients on M&A, corporate valuations, private placements, and structuring of real estate funds.