Board Members

Yousef Al Quraishi
Chairman
Yousef Al Quraishi, Group CEO and Managing Director, came from a strong finance background and graduated from King Fahd University of Petroleum and Minerals with a Bachelors Degree in Finance. He led different organizations within AZAQ’s Group.
Ahmed Al Quraishi
Vice Chairman
Ahmed Al Quraishi, Ali Zaid Al Quraishi Deputy Group CEO, holds a Bachelors Degree in Finance from King Fahd University of Petroleum and Minerals and attended the Corporate Finance Modular Programme at the prestigious university London Business School.
Baqir Badami
Board Member
Baqir Badami Group CFO and Chief Transformation Officer of AZAQ, has a track record of successful strategic and tactical leadership, including several years within a diversified conglomerate. He demonstrated his ability to instill a common vision and develop commercially-focused and impactful business partnering functions. Baqir completed his Chartered Accountancy program from Institute of Chartered Accountants in England and Wales (ICAEW) in 1994.
Sulaiman Al Quraishi
Board Member
Sulaiman Abdulrazzaq Al Quraishi is a distinguished board member of Ali Zaid Al Quraishi and Brothers Company (AZAQ), a position he has held since 2008. His educational journey began at Najd National Schools in Riyadh, Saudi Arabia, where he completed his high school education.
 
Sulaiman pursued higher education in the United States, graduating from Arizona State University in Phoenix with a Bachelor of Science in Industrial Engineering and a minor in International Business in 2004.
 
His professional career commenced at SAMBA Bank, where he served in the Treasury Department from 2005 to 2008, gaining valuable experience in financial management before joining the board of AZAQ, where he continues to provide strategic leadership and expertise.
Ayman Khamdan
Managing Director
As Managing Director of Anfal Corp. Investment Company and Chief Investment Officer of Ali Zaid Al Quraishi & Brothers Company (“AZAQ”), Ayman Khamdan oversees the Group’s investment strategy, portfolio management and capital allocation across global markets.

With over 20 years of experience spanning investment banking, investment management, private equity and corporate finance, Ayman brings deep expertise in portfolio construction, institutional investing, and deal execution. He previously held roles with Gulf Finance House and Elaf Bank, focusing on private equity, investment management and investment banking. Earlier in his career, Ayman was part of PwC’s Corporate Finance and Deal Advisory team where he contributed to several high-profile regional transactions.

Ayman is a Certified Public Accountant (CPA) and holds an MBA from Manchester Business School. He has pursued executive education in Mergers & Acquisitions, Global Economics, and Private Equity at the Institute for Mergers, Acquisitions & Alliances, the London School of Economics and The Wharton School. He also serves on the boards of Starlinks Saudi Arabia and Starlinks Global, in addition to various investment committees and limited partner advisory boards.  
Yousef Al Quraishi
The Founder

Embarking on a remarkable professional journey, Shaikh Ali Al Majdouie began his career by traversing various cities in Saudi Arabia, driven by the pursuit of a fulfilling life of serving his family and the wider community.

Eventually finding his place in the Eastern Province, he joined the prestigious Saudi Aramco through their esteemed employment training program.
After three years of dedicated service at Saudi Aramco, Shaikh Ali Al Majdouie ventured into the railway industry in Dammam, where he delved into the realm of customs clearance. During this period, his intellectual horizons expanded, and his future ambitions in the business world took shape over the course of fourteen transformative years.

Throughout his odyssey, Shaikh Ali Al Majdouie achieved a significant milestone by acquiring his first taxi, which he diligently operated during his leisure hours, thereby securing an additional stream of income. This accomplishment propelled him towards realizing his dream: owning his very own cargo truck.

In the year 1965, Shaikh Ali Al Majdouie made a resolute decision to dedicate himself entirely to his entrepreneurial pursuits, venturing into the domains of land transport and customs clearance. This strategic leap led to remarkable achievements, establishing his name as a shining beacon within his industry.

In 1985, his entrepreneurial spirit soared to new heights as Shaikh Ali Al Majdouie expanded his business ventures, establishing an automotive sector and earning the prestigious appointment as the authorized dealer for Hyundai in the Eastern and Northern regions. Under his expert leadership, this sector flourished with professionalism and distinction.

Driven by his unwavering vision and with the invaluable contributions of his sons, the group's enterprise continued to evolve and thrive across diverse sectors. Today, it stands proudly among the nation's distinguished companies, both in the realms of commerce and philanthropy, under the wise guidance of the Kingdom of Saudi Arabia for over six decades.

Today, Shaikh Ali Al Majdouie is part of several highly acclaimed boards and memberships, including holding the position of ‘Chairman of the Board of Directors’ at AlMajdouie Holding, Chairman of the Board of Trustees of AlMajdouie Charity, and Chairman of the Board of Directors at Al-Majdouie and Family Endowment Guardians Committee.