Ahmed AlRashed: Steering Governance, Risk, and Compliance in Saudi Arabia’s Corporate Sector

Connect

Ahmed AlRashed, a distinguished leader in risk management, governance, and business continuity, has made significant contributions to the corporate landscape of Saudi Arabia. With extensive experience in executive management and a strong background in risk advisory and governance, Ahmed has been instrumental in shaping strategies for some of the Kingdom’s most prominent organizations. As the Chairman of Board Risk and Audit Committees, CEO Advisor, and Vice President of Governance, Risk, and Compliance, Ahmed has dedicated his career to enhancing organizational resilience and ensuring sustainable growth.

Mastering Governance and Risk Management

Throughout his career, Ahmed has been at the forefront of Governance, Risk, and Compliance (GRC) initiatives, helping companies develop robust frameworks to navigate complex regulatory landscapes. As Vice President of Governance, Risk, and Compliance at a prominent organization, he has overseen the development and implementation of policies that ensure compliance with regulatory standards while optimizing internal processes.

Ahmed’s expertise in risk assessment, business continuity planning, and compliance management has enabled him to lead internal teams that proactively identify and mitigate potential risks, ensuring that organizations remain resilient in the face of challenges. His ability to develop Enterprise Risk Management (ERM) frameworks has been particularly impactful, allowing companies to establish and maintain strong risk governance practices across their operations.

In his role as Chairman of Board Risk Committees for Rasid Holding and Wataniya Finance, Ahmed has played a crucial role in overseeing risk strategies that safeguard the interests of shareholders and stakeholders. His leadership has ensured that risk is not just managed reactively but anticipated and mitigated through forward-thinking strategies. His work in the financial sector, including his position as Chairman of the Board Risk & Credit Committee at Wataniya Finance, highlights his deep understanding of risk management within complex, highly regulated environments.

Driving Compliance and Business Continuity

In addition to risk management, Ahmed’s contributions to business continuity and compliance have been key to his success. His work as Director of Risk Management and Business Continuity at Zain KSA from 2019 to 2020 showcased his ability to develop comprehensive business continuity plans that ensure operational resilience in the face of unforeseen disruptions. Ahmed led initiatives that integrated Third Party Risk Management, Fraud Risk, and Data Risk, demonstrating his multifaceted approach to corporate governance.

Ahmed’s leadership in compliance is equally impressive. As a Board Advisor and member of several Audit Committees, he has helped organizations maintain stringent compliance with both internal policies and external regulations, minimizing exposure to financial and reputational risks. His ability to foster a culture of compliance within organizations is rooted in his strong belief that effective governance is the foundation for long-term success.

Executive Leadership and Strategic Influence

Ahmed’s career is defined by his executive leadership and strategic vision. He has held senior positions at some of Saudi Arabia’s leading organizations, including Al Rajhi Bank, where he served as Executive Manager of Risk Management. His work at Al Rajhi Bank, one of the largest Islamic banks in the world, further solidified his expertise in operational risk management and regulatory compliance.

As an Executive Committee Member and CEO Advisor, Ahmed continues to influence corporate strategies by advising on critical governance, risk, and compliance issues. His insights are not only valuable for mitigating risks but also for identifying opportunities to enhance business performance and drive growth. His strategic approach to change management, talent development, and performance optimization has made him a trusted advisor to boards and executive teams alike.

Commitment to Excellence in Risk Management

Ahmed’s commitment to excellence is evident through the numerous awards he has received throughout his career, including the Distinguished Performance Award, Super Performance Award, and Career Excellence Award. These honors reflect his dedication to driving innovation in risk management, his exceptional leadership, and his ability to navigate complex business environments.

His academic background includes a Master of Business Administration (MBA) from Al Yamamah University, specialized certifications in Operational Risk Management from London School of Business and Finance, and Enterprise Risk Management from the Institute of Risk Management. Additionally, Ahmed completed a leadership program at the prestigious London Business School, further enhancing his strategic leadership and governance expertise. This combination of education and experience has made him one of the most sought-after experts in governance and risk management.

A Visionary Leader in Governance and Risk Advisory

As a LinkedIn Top Voice and a thought leader in the governance and risk management community, Ahmed continues to share his insights and knowledge with a global audience. His expertise in Environmental, Social, and Governance (ESG) and Digital Management Organizations (DMO) positions him as a forward-thinking leader who is shaping the future of corporate governance in Saudi Arabia and beyond.

Ahmed AlRashed’s career is a testament to his passion for risk management and his commitment to ensuring that organizations are not only compliant but also resilient and prepared for the future. His leadership and vision will undoubtedly continue to have a lasting impact on the Kingdom’s corporate sector as it navigates an increasingly complex global market.