SEDCO’s Anees Moumina named ‘Best Family Business CEO’

Anees Moumina, chief executive of SEDCO Holding Group.
Updated 06 October 2017
0

SEDCO’s Anees Moumina named ‘Best Family Business CEO’

Anees Moumina, chief executive of SEDCO Holding Group, has received the “Best Family Business CEO” award at the 2017 CEO Middle East Awards, held in the Four Seasons Hotel, Dubai. The award honors successful CEOs who have delivered outstanding results, as well as those that have made a vital contribution to the vibrancy of their businesses.
Moumina was recognized for “his excellent and innovative actions across the organization with the goal of offsetting market headwinds through new business developments and improved synergy within the group,” the company said.
“He effectively led the SEDCO Group business with adequate corporate governance terms that lead to continuous success.”
“I am honored by this award. We have an outstanding team that has been actively participating in the development of best-in-class corporate practices across the group, and it’s during challenging times that an organization is really put to the test and the results this year have shown that hard work pays off,” said Moumina.
Moumina became the CEO of SEDCO Holding Group in January 2013 after accumulating 25-plus years of experience in the private sector and the financial services industry. He has previously worked with the Samba Financial Group, where he advanced to roles including general manager and senior credit officer.
His banking career has given him access to experience across a variety of business sectors including contracting, trading, manufacturing, financial investments, real estate, transportation, leasing, public sector and Islamic banking.
The CEO Middle East Awards represent the benchmark of success for senior executives in the Middle East and are eagerly anticipated by winners, sponsors, nominees, and guests each year. The awards themselves focus on the success of individuals who make the corporations “tick.” Its intention is to give a worthy individual the recognition deserved as well as to use their example to inspire other companies and business leaders to achieve similar success.
SEDCO, the Saudi Economic and Development Company, is a leading private wealth management organization that conducts its business according to the Islamic guidelines of Shariah. It was established in 1976.


PepsiCo. distributes 2,000 Ramadan packages

Updated 18 June 2018
0

PepsiCo. distributes 2,000 Ramadan packages

PepsiCo., a global food and beverage company, has partnered with Alber Charity in Riyadh, Al-Barakah Charity in Dammam, and Al-Ahyaa Center in Jeddah to distribute more than 2,000 packages containing food and beverages to underprivileged families.
PepsiCo. employees participated in compiling and distributing the packages, which contained Quaker Pasta, Quaker Soup Mix, Quaker Oats, Quaker Good Start biscuits, Quaker Oats Crackers, several varieties of Lay’s chips, and beverages including Aquafina, Lipton Ice Tea, Mirinda Orange Joosy, Mirinda Citrus Joosy, and 7-Up Joosy.
Abdulrahman Al-Ahaideb, head of communications — G&LF CU and MENA FOBO, PepsiCo, said: “PepsiCo. is committed to supporting the communities in which we live and operate. We are pleased to celebrate Eid Al-Fitr with our neighbors, by sharing a hamper of fun products that can be enjoyed at any time.”