Hassan H.

ASYAD Holding Group is a multi-billion SAR investment group with strategic interests in the aviation, healthcare, infrastructure, facility management, and energy sectors. Key Responsibilities: • Leading the finance department across the holding group and its subsidiaries. • Managing corporate treasury, cash flow, and banking relationships to ensure liquidity and financial efficiency. • Overseeing the group’s investment portfolio and evaluating new investment opportunities. • Driving mergers, acquisitions, and divestiture activities, including financial due diligence and deal structuring. • Enhancing governance frameworks and financial controls across the group to ensure compliance and transparency. • Supporting strategic planning and business development initiatives with financial insight and analysis. • Leading budgeting, forecasting, and financial reporting processes to support executive decision-making. • Advising the Board and CEO on financial strategy, capital structure, and risk management.

ABG is a diversified conglomerate with a multi-billion dollar asset base and established brands in the maritime, real estate, and infrastructure development and Investment sectors. As CFO and CSSO of ABG, I work alongside the Group CEO on critical strategic projects to achieve a culture transformation and operational excellence while capitalizing on business growth opportunities.

DACO was established in 2017 as the operator and master developer of King Fahd International Airport (“KFIA”), Alhasa Airport and Alqaisumah Airport. Currently implementing an infrastructure modernization program aiming to double the Airports capacity with total investment of SR 4 Billion. Reporting to CEO and the Executive Committee. Responsible for Finance and Treasury. Chair of the Bids and Awards Committee (BAC), the Policies and Procedures Committee, and Member of the Risk Management Committee. Delivered DACO’s long term corporate strategy and the 5-year business plan. Selected Achievements are: • Negotiated 40% price reduction for the new operation and maintenance contracts • Reduced operation costs by SR 107 mm in 2020 and 2021 by leading a COVID-19 cost reduction initiative. • Increased revenues by SAR 35 mm by implementing initiative for exploiting revenue leakage opportunities. • Generated SR 13mm of additional revenues through investment of excess cash. • Raised SR 300 million financing for DACO’s capital projects at a competitive rate • Collected over SR 80 mm of long outstanding receivables by creating the credit control and collection unit. • Accomplished the PPP concession for the development and management of Alhasa and Alqaisumah Airports. • Successfully Implemented IFRS and VAT. Restructured Finance and Bids and Awards Processes. • Grew aeronautical revenue by delivering an incentive scheme for Airlines and another for people annual bonus. • Leading towards full digitization of the Aeronautical revenue processes and the implementation of Microsoft Dynamics.

SPG is a public shareholding company and the 2nd largest tissue manufacturing & paper recycling company in the Gulf & ME regions with annual capacity of 136,000 tons, 10 subsidiaries across 7 countries, and 2000 employees. Reporting to CEO and BODs. Responsible for Finance, Treasury and Shared Services. Selected Achievements are: • Effectively set the stage for the future capacity increments, automation, branding, pricing and sales strategy by engaging the CEO and executive team in developing the long term strategy of SPG. • Successfully implemented the SAP ERP system through effective steering of the ERP committee. • Successfully implemented the International Financial Reporting Standards (IFRS), • Restructured SPG loans and increased available facilities by 30% following the establishment of Treasury Dept. • Collected SR110 millions of long outstanding receivables by establishing the credit control and collection unit. • Eliminated SR 25 million of annual losses by downsizing loss-making subsidiaries. • Led transformation working streams and achieved centralization and transformation of the Finance Department. • Oversaw the creation and implementation of the costing and pricing systems.

ADC is the master developer of Aqaba city, a business and leisure hub on the Red Sea. Invest in strategic public private partnerships, real estate properties, infrastructure of industrial and tourism zones and Aqaba’s seaports and airport.

Financial Services - Asset Management Team Provided audit and IPO services to large asset managers and investment funds including REITs, ETFs, private equity funds, and hedge funds. Clients portfolio served were Manulife, Invesco, Transamerica, Integra, and Claymore. Managed (35) staff and managers and over 20,000 chargeable hours annually. Also, performed audit quality reviews (AQRs). • Increased audit fees by 20% annually. • Advised clients on complex accounting issues and implementation of new accounting standards. • Liaised with our valuation team over resolution of derivative and real estate valuation issues. • Developed expertise in Canadian GAAP, US GAAP, and IFRS and implementation of new accounting standards.

Financial Services - Real Estate Team Audited public real estate investment companies, REIT Funds. Developed expertise in US GAAP, GAAS and SOX 404A.

Financial Services Team Delivered the annual audits of banking, construction, and 5-star hotel clients. Developed expertise with IFRS and ISA.

FIFCO is a public shareholding company invest in lending businesses, joint ventures, real estates, and capital markets.