Waleed Al Majed

Waleed Al Majed assumed the position of Managing Director and CEO of Al Majed for Oud in January 2022, overseeing one of the region's leading manufacturers of oud, perfumes, and fragrance products. Under his leadership, the company has achieved significant financial growth, with 2025 revenues reaching SAR 1.1 billion with 19% growth and net profit of SAR 218 million, representing 39% growth. Al Majed successfully converted the company from a limited liability company to a Saudi joint-stock company in March 2023 and proceeded with its public listing, reflecting his strategic vision for capital diversification and expansion.

Al Majed holds a high school diploma from Prince Sultan Educational Complex in Riyadh, graduated in 2004. His career progression demonstrates deep expertise in the fragrance and oud sectors, built through internal advancement across the organization.

Career history

• Vice President of Oud and Oud Derivatives International Procurement (2015–2019)
• Vice President of Oud Procurement and Director of Property Management Department (2019–2022)
• Managing Director and CEO (January 2022–present)

Al Majed is a member of the Incense and Perfumes Committee at the Riyadh Chamber of Commerce, underscoring his recognized position in Saudi Arabia's fragrance and oud industry. What Al Majed could bring to his current role at Al Majed for Oud: His progression through procurement, operations, and property management provides Al Majed with distinctive supply-chain expertise and operational infrastructure knowledge critical to scaling a fragrance manufacturer. His successful stewardship of the company's financial expansion and public listing demonstrates capability in investor relations, strategic capital management, and organizational transformation in a family-owned business transitioning to public markets. His industry memberships position him as a thought leader in Saudi Arabia's growing luxury fragrance sector.