Moayad Alfallaj

Moayad Abdullah Suleiman AlFallaj serves as Chairman of Rasan Information Technology Co., a leading Saudi-listed fintech and insurtech company based in Riyadh. As CEO and co-founder of Rasan Information Technology, Alfallaj has helped turn insurance digitalization into one of Saudi Arabia's most visible fintech stories. Rasan serves more than 12 million customers, works with more than 60 partners, and offers more than 13 products, with platforms including Tameeni, Treza, R2, R3, and Awalmazad.

The company reported a 70 percent revenue compound annual growth rate between 2020 and 2024. Rasan listed on the Saudi Exchange on June 13, 2024. Alfallaj has introduced industry-first initiatives such as Treza, an insurance leasing aggregation platform for the banking and leasing industry, and Awalmazad, a digital vehicle auction and marketplace.

Moayad Alfallaj currently serves as Chief Executive Officer at Rasan Technology since February 2021. Prior to that, from February 2020 to March 2021, he worked as Chief Business Development and Marketing Officer at IHC - Insurance House Company. From 2017 to 2020, he held the position of Chief Operations Officer at Tameeni. He founded LK IT Solutions in 2011 and operated as Founder until 2016.

Education

Moayad Alfallaj completed a Postgraduate Diploma in Marketing Communications from Middlesex University between 2012 and 2014, and earned a Bachelor of Arts (Hons) Marketing degree from Anglia Ruskin University from 2009 to 2012.

Career History

• Chairman, Rasan Information Technology Co. (current)
• Chief Executive Officer, Rasan Technology (February 2021–present)
• Chief Business Development and Marketing Officer, IHC - Insurance House Company (February 2020–March 2021)
• Chief Operations Officer, Tameeni (2017–2020)
• Founder, LK IT Solutions (2011–2016)

What Moayad Alfallaj could bring to Chairman role at Rasan Information Technology: With over 15 years of documented experience building fintech and insurtech platforms, Alfallaj's transition to Chairman reflects his maturation of Rasan as a public company. His background founding and scaling multiple technology ventures, combined with his deep understanding of Saudi Arabia's insurance sector gaps and customer pain points, positions him to drive strategic growth and market expansion at the holding company level. His demonstrated ability to launch industry-first platforms and achieve 70% compound annual revenue growth suggests he could guide Rasan's multi-product ecosystem and partnership network toward sustainable public-market performance.