Youssef Al-Qafari

Youssef Al-Qafari was reappointed as Vice Chairman of Naqi Water Company in June 2026, a leading Saudi producer of bottled pure filtered water and the only company in its sector listed on the main Saudi stock market.

Al-Qafari, born in 1972 in Riyadh, is a Saudi business executive who began his career in the banking sector. He joined Samba Financial Group in 1997 as director of human resources until 2004, and also held executive positions at Al Rajhi Bank and Riyad Bank in the 1990s. Prior to his retail sector involvement, he served as vice president and board member at Lazordi group, a Saudi jewelry company, and as a founding partner and Deputy Assistant Secretary-General at the Saudi Commission for Tourism and National Heritage.

Career History

• Chief Executive Officer, Abdullah AlOthaim Markets (2006–2009 and 2013–2016) – Saudi Arabia's second largest grocery company
• Director of Human Resources, Samba Financial Group (1997–2004)
• Executive positions at Al Rajhi Bank and Riyad Bank (1990s)
• Vice President and Board Member, Lazordi Group
• Founding Partner and Deputy Assistant Secretary-General, Saudi Commission for Tourism and National Heritage

What Youssef Al-Qafari could bring to Vice Chairman at Naqi Water Company: Al-Qafari's extensive background in retail management, financial services, and public-sector governance positions him to guide Naqi Water's strategic expansion and operational efficiency. His proven track record as CEO of one of Saudi Arabia's largest grocery retailers provides direct experience scaling consumer-facing businesses, while his banking background and board-level experience across multiple sectors equip him to strengthen corporate governance and stakeholder relations at the publicly-listed beverage company.