Ghassan Al-Ashkar

Ghassan Salim Al-Ashkar serves as Chief Financial Officer at Red Sea International Company, headquartered in Al Jubayl, Eastern Province, Saudi Arabia. Red Sea International operates in the events services industry and is a public company traded on Tadawul.

Most recently, Al-Ashkar served as Senior Chief Financial Officer of Jeddah Economic Company, Kingdom of Saudi Arabia from February 2017 until 2024. Prior to that, he served as Manager of Institutional Development, Board Secretary, and Member of the Executive, Audit and Nominations & Remuneration Committees at CPC Holding Company (affiliated with Saudi Binladin Group) from September 2014 to February 2017, before serving as Financial Manager from September 2010 to September 2014. From January 2002 to mid-2005, Al-Ashkar served as Financial Manager of Saudi Elevators Co. Ltd., and earlier acted as Financial Controller at Al-Mabani General Contracting Co.

Career history

• Chief Financial Officer, Red Sea International Company (current)
• Senior Chief Financial Officer, Jeddah Economic Company (February 2017–2024)
• Manager of Institutional Development & Board Secretary, CPC Holding Company/Saudi Binladin Group (September 2014–February 2017)
• Financial Manager, CPC Holding Company (September 2010–September 2014)
• Financial Manager, Saudi Elevators Co. Ltd. (January 2002–mid-2005)

What Al-Ashkar could bring to Red Sea International as CFO: With over two decades of progressive financial leadership across Saudi Arabia's construction, holding company, and economic development sectors, Al-Ashkar brings deep expertise in financial management, institutional governance, and multi-stakeholder oversight. His experience managing financial operations at major Saudi conglomerates and his familiarity with board-level committee work positions him to strengthen Red Sea International's financial controls, reporting transparency, and strategic capital allocation during periods of organizational transition.