Khalid Abdullah Almolhem
Encyclopedia
Khalid Abdullah Almolhem (Arabic: خالد عبد الله الملحم), born in 1957, is a Saudi Arabian businessman.

Biography

Khalid Abdullah Almolhem completed two degrees from the University of Evansville in Indiana in 1980; one in electrical engineering and the other in engineering management. Almolhem began his career in 1981 as an engineer with the Royal Saudi Air Force
Royal Saudi Air Force
The Royal Saudi Air Force , is the aviation branch of the Saudi Arabian armed forces. The RSAF has developed from a largely defensive military force into one with an advanced offensive capability...

, after that he was a team leader in Saudi Industrial Fund from 1983 till 1988.

Business career

Following five years as president of Saudi Telecom Company, Almolhem was appointed as Director General of Saudi Arabian Airlines
Saudi Arabian Airlines
Saudi Arabian Airlines is the flag carrier airline of Saudi Arabia, based in Jeddah. It operates domestic and international scheduled flights to over 90 destinations in the Middle East, Africa, Asia, Europe and North America...

, one of the biggest carriers in the Middle East
Middle East
The Middle East is a region that encompasses Western Asia and Northern Africa. It is often used as a synonym for Near East, in opposition to Far East...

 and the flag carrier in Saudi Arabia
Saudi Arabia
The Kingdom of Saudi Arabia , commonly known in British English as Saudi Arabia and in Arabic as as-Sa‘ūdiyyah , is the largest state in Western Asia by land area, constituting the bulk of the Arabian Peninsula, and the second-largest in the Arab World...

. Since then, he has carried the airline through the privatisation process and has overseen a significant leap in performance and service quality. He was behind the historic moment when Saudi Arabian Airlines joined the Skyteam alliance of airlines, Saudia is the alliance’s first member from the Middle East and will offer access to destinations not currently available to SkyTeam customers.
During his tenure at STC, he successfully completed the privatization process of the company, which is the largest IPO in Saudi Arabian history. STC now considered to be as the largest Telecom company in the Middle East and one of the tenth largest Telecom companies in the world.

He joined Saudi British Bank from 1989 to 1997, he held various positions at the bank such as Senior Manager Retail Banking, Area General Manager, Central Province Manger and Executive Director Investment Banking. From 1997 to 1998 he held the Chief Executive Officer position at Al Marai Company, which is one of the largest integrated Dairy and Food Company in the GCC. He Joined Saudi Telecom Company
Saudi Telecom Company
Saudi Telecom Group, STC is a Saudi Arabia-based telecommunications company that offers landline, mobile and Internet services.-Background:...

since it was established in 1998, he was the Chief Financial officer till 2001 then became the President till 2006.

He attended numerous training courses, including a full year training course in banking and credit at Chase Manhattan Bank in 1984; Advanced Management Course for Executives at Harvard University; and various training courses in management and marketing from international universities.
  • Board Member of the Saudi British Bank from May 1996 till to date
  • Board Member of the National Company for Cooperative Insurance from 2000 to 2003
  • Board Member of HSBC Investment Bank since 2004 till 2007
  • Board Member of the Aseer Holding Company since 2006 till 2010
  • Board Member of King Abdullah Economic City
  • Chairman of Saudia Catering
  • Chairman of Saudia Cargo
  • Chairman of Saudia Ground Handling Services
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