Mr. Abdulrahman Bajunaid, CEO of RAFAL Real Estate Development Company

The Board of Directors of RAFAL Real Estate Development Company announced on January, 1st 2016, the appointment of Mr. Abdulrahman Bajunaid as CEO of the company as of January 11, 2016.

Mr. Sulaiman Al Muhaidib, Chairman of RAFAL Real Estate Development Company said: “We are delighted to welcome Abdulrahman Bajunaid, a rich addition to our company, with his 19 years of experience throughout his previous leading positions in a number of local banks and renowned companies.”

AL Muhaidib added: “We are confident that with his vast managing experience and banking knowledge, Mr. Bajunaid will successfully manage our company and strengthen its leading position in the Saudi market, especially with the multiple ongoing projects that will upgrade the Real Estate concept and understanding in Saudi Arabia.”

It is worth mentioning that Mr. Abdulrahman Bajunaid has over 19 years’ experience in various positions in Banking and Private Sectors, and he also holds an executive MBA. His Last position was Saudi Arabia Country Head/Executive Vice President in Gulf International Bank, Prior to that, he was the COO of Acwa Holding Company, Head of Corporate Banking Saudi Hollandi Bank, and Team Leader – Corporate and Investment Banking Group SAMBA Bank 

It is worth mentioning that RAFAL Real Estate Development Company, established at the end of 2007, is specialized in developing integrated high-end residential communities. The company’s mission revolves around developing various residential communities and offering middle income individuals the comfort and standards of high-end residents. RAFAL is committed to providing consistent value for its long term partners in success.