Ahmed W. Almustafa

Real Estate Development Director

About

Passionate- lead by example- supportive Inspiring, dynamic and practical leader. Going the extra mile is just another synonym for norm. Eager to bring the best out of people by guidance and supervision without neglecting the individual differences Strengths: Ability to create inspirational and healthy cultural workplace, effective leadership and delegation, familiar with business operations, powerful financial skills and focused when it comes to get takes completed

Country

Saudi Arabia

City

Riyadh

Industry

Real Estate

Skill

Quantitative Finance, Investments, Quantitative Analytics, Senior Real Estate, Design Management, Scopes Of Work, Urban Planning, Developments, Mixed-use, Urban Areas, Expansion Strategy, Site Acquisition, Fundraising, Interpersonal Skills, Real Estate Appraisal, Financial Performance, Real Estate Transactions, Investment Strategies, Commercial Real Estate, Housing Development

Experience

Real Estate Development Director

Real Estate Development Orgnisation

2019-6 - Present · 7 yrs 4 mos

Al Khobar, Eastern, Saudi Arabia

Acquire bank of lands that has been appreciated (20% price increase), by Analysing market research and identify the geographical target markets, targeting cost/price advantage. Accelerate the project completion rate by 5% by review the project schedule and apply KPIs on sub/contractors’ goals and deadlines. Complete and submit 95% of the projects on time and without significant cost overrun by watching project budgetary and deadlines more frequently. Reduce project cost by 3% by negotiating the contractors’ prices. Shorten the approval duration to half by coordinating with the approving authorities to expedite approval process. Double the available land bank and 70% increase in funds ready to utilize by increasing the investor base.

General Manager

MEConsults

2012-1 - Present · 14 yrs 9 mos

Al Khobar, Eastern, Saudi Arabia

Increase the lead generation and customer acquisition by 30% and 20% accordingly, by applying strategic plans, set goals, and identified growth opportunities. Save 10% of annual expenses by managing non-operational cost and budget. Increase the net profit by 5% by supervising engineering projects, ensuring on-time completion and client satisfaction. Enhance the number of participate bids and the success rate by 10% and 7% accordingly by leading the team, foster professional development, and engage with key stakeholders for market insights. Reduce the project span by 10% by outsourcing the less significant demanding tasks/scops. This also improved the financial performance of the projects.

Corporate Relationship Manager

The Saudi National Bank - SNB

2007-5 - 2011-12 · 4 yrs 8 mos

Al Khobar, Eastern, Saudi Arabia

Build SR 2 billion portfolio by developing strong relationships with clients by offering customized banking/funding solutions resulting to build up SR 2 billion portfolio. Analyze financial statements and creditworthiness, fund’s structure, and conducted due diligence. Monitor client financial performance and propose risk mitigation measures to the risk department to reduce defaults or late payments. Increase the portfolio cross-sell activities by 13% by promoting bank products, becoming the main bank for non-financial services (besides the funding facilities). Acquire new clients. Resulting to increase the portfolio clint base by 18 clients (8 new acquisitions)