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

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


Kudu marks 30 years with promotions, events

Updated 26 April 2018
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Kudu marks 30 years with promotions, events

Saudi fast-food chain Kudu is celebrating its 30th anniversary. The business was established in 1988 and currently has more than 300 branches across the Kingdom.

Emad Al-Qurashi, Kudu’s chief marketing officer, said: “The innovation and development processes have not stopped over the past three decades in order to be a Saudi product with international standards.” He said advanced training programs for employees, and the adoption of advanced management systems have contributed to the development of the chain.

Kudu is celebrating the milestone with meal promotions and radio and social-media contests.

It organized the first “Kudu Village Event” on April 20 in Riyadh. Similar events will be held on April 27 at the Dammam Sports Arena and on May 4 at the King Abdullah Economic City in Jeddah.