Sulaiman Al-Muhaidib

Sulaiman Abdulkader Al-Muhaidib was appointed Chairman of Savola Group in June 2016 and was reappointed for a three-year term beginning July 1, 2019. He also serves as Chairman of Swicorp Joussour Co., Al Muhaideb Group, Al-Shamiyah Urban Development Co., Communications Solutions Co. and Joussour Holding Co. He is Chairman of Al Muhaidib Group, which is a family-owned conglomerate with diversified business interests spanning food products, retail, building materials, real estate, infrastructure, banking and finance.

Savola Group is a Saudi Arabian industrial company with operations as a publicly-listed market leader in sugar & edible oil, dairy products and fast food chains, and owns the largest grocery retail chain in KSA. Al-Muhaidib also holds board positions at RAFAL Real Estate Development Co., ACWA Power International, Almarai Co., ACWA Holding Co., and numerous other major corporations and charitable organizations.

He received his undergraduate degree from King Saud University. In 2012, he was awarded an Honorary Doctorate from the University of Tokyo for his contributions to the Middle East. He played a pivotal role in fostering collaboration among regional family business groups, facilitating the exchange of knowledge, insights, and experiences.

Career History

• Chairman of Savola Group (since 2010)
• Chairman of A.K. Al-Muhaidib & Sons Group of Companies
• Chairman of Middle East Paper Co. (MEPCO)
• Chairman of Al Oula Real Estate Development Co.
• Vice Chairman of Amwal Al Khaleej Commercial Investment Co Ltd.

What Sulaiman Al-Muhaidib could bring to Savola Group as Chairman: With deep roots in the Saudi business ecosystem dating back to his father's founding of Al Muhaidib Group in 1946, Al-Muhaidib brings extensive experience in multi-sector portfolio management, strategic investments across food, real estate, and infrastructure, and proven capability in steering family business succession and governance. His demonstrated ability to foster collaboration among regional family business groups positions him to leverage cross-portfolio synergies and position Savola as a regional market consolidator in the competitive MENA food and retail landscape.