Saudi Housing Guarantee Services Company Board of Directors Announces Appointment of Osama Abdul Latif Al-Othman as CEO

Riyadh, Saudi Arabia

The Board of Directors of the Saudi Housing Guarantee Services Company announced the appointment of Mr. Osama Abdul Latif Al-Othman as the company’s CEO, in a strategic move aimed at enhancing its position and consolidating its leadership in the housing guarantee sector.

Mr. Osama Al-Othman has over three decades of leadership experience in the fields of local, regional, and global investment and finance, along with extensive expertise in acquisitions and strategic expansion. He has played a pivotal role in project development and investment deal management, achieving significant successes in vital sectors including renewable energy, alternative investments, and fund management.

Previous Leadership Positions:

  • CEO of Aseer Investment Company.
  • Head of Mergers and Acquisitions at Abu Dhabi Future Energy Company (Masdar), where he led an investment strategy valued at over USD 1 billion, contributing to enhancing the company’s global investment portfolio and increasing its production capacity by 50%, as well as opening new branches in Saudi Arabia and the USA.
  • Regional Manager for Saudi Arabia and Dubai at First Solar Middle East, in addition to his role as Project Finance Manager for the Middle East and North Africa, where he led significant investment efforts, including divesting USD 150 million from Jordan’s Diamond Energy – Mitsubishi project, and contributed to the development of the photovoltaic industries in the Kingdom.
  • Founder and CEO of Interactive Company.
  • Executive Director and Founding Member at Evolvence Capital, where he led the expansion of the company’s investments and oversaw the establishment of an investment fund in India with assets amounting to USD 700 million.

Experiences in Major Companies within the Kingdom:

  • Saudi British Bank (SABB).
  • Saudi Aramco.
  • Samba Financial Group.

Academic and Training Qualifications:

  • Holds a Bachelor’s Degree in Industrial Management from King Fahd University of Petroleum and Minerals (1991).
  • Completed the Executive Leadership Program at Harvard University (2018).
  • Obtained a “Foundations of Management” certificate from the GCC Board Directors Institute.
  • Obtained a “Leadership Excellence” certificate from London Business School.

This appointment reaffirms the Saudi Housing Guarantee Services Company’s commitment to continuing its growth and development journey, leveraging distinguished leadership experiences to support its ambitious strategy and strengthen its role in achieving the goals of Saudi Vision 2030.

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