"Ahmed Reda Halawani, who steered private equity investment for Saudi Prince Alwaleed bin Talal, has resigned from the billionaire royal’s Kingdom Holding Co. (KINGDOM)
Halawani stepped down as a member of the board and the investment committee “due to personal obligations and commitments,” Kingdom Holding said in a statement on the Saudi bourse. His resignation after 17 years at the company is effective today, it said.
Halawani worked for more than 10 years as chief executive officer of Al Azizia Commercial Investment Company, one of Saudi Arabia’s best-known investment firms and a Kingdom subsidiary. Previously, he worked in private sector development for the World Bank and for Procter & Gamble Co. (PG), according to Kingdom’s website. He was one of nine board members at Kingdom."
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