Fahad bin Mubarak Al Guthami was recently appointed deputy CEO at American Express, Saudi Arabia, AESA.
AESA, a provider of American Express payment products and services in the Kingdom, is a closed joint-stock company, equally owned by Amex (Middle East) BSC and The Saudi Investment Bank. It owns and operates the American Express Card and merchant business in Saudi Arabia.
Al Guthami, in his new position, will implement AESA’s strategic priorities in fostering customers’ digital lives through innovation and digitization, expanding leadership in the premium consumer space, building on the strong position of American Express in commercial payments, strengthening the global integrated network and ensuring excellence in quality and service.
Prior to joining AESA, Al Guthami served as the CEO of the Arabian Security and Safety Services Co., one of the largest companies in cash transport, ATM refilling, and security guards and services in Saudi Arabia.
He also worked as CEO of BATIC Investments and Logistics Co., as well as the executive adviser to the Ministry of Municipal, Rural Affairs and Housing.
For over 16 years, Al Guthami has held a number of strategic positions within AESA, heading both the management of payment solutions for strategic partnerships management and the corporate relations management group in Saudi Arabia. He was also the chief operating officer.
He is a member of the board of directors of several companies traded in the Saudi stock market, including BATIC Investments and Logistic Co. and the Jazan Energy and Development Co.
Al Guthami received a bachelor’s degree in administration from the University of Southern Mississippi, US, in 1995. He has also participated in many executive development programs at INSEAD Business School, the London Business School and Harvard Business School.