We had been approached to engage in an executive search assignment by a tier 1 mixed used property developer and Real estate management firm in Saudi Arabia. They are one of the leading real estate and development companies operating in Saudi Arabia today.
Proudly owned 100% by local Saudi shareholders, the company’s objectives varied, with a core focus on developing hotels to accommodate the “religious” segment of the hospitality sector, focusing on Hajj and Umrah visitors and working closely with tour operators targeting visitors (primarily) from Indonesia, Turkey, Iran, Malaysia, Egypt and South Africa.
Holding a large and diversified portfolio of lands (primarily concentrated in Makkah) with a total area of 54,000 sq m and market value approximately SR 7 billion, the company is currently overseeing development of the a number of various 5* hospitality projects in Saudi Arabia hotel in the Middle East.
In June 2014, this developer opened a 5-star hotel, 120,000m2, 1,800-room property. They are currently developing Phases 2 and 3 of the project which will create an additional 5,900 rooms over 500,000 m2. Also in the pipeline is the 280.000m2, Hotel with 3,800 rooms – currently in design.
Cooper Fitch was approached to assist in the market mapping, screening, interviewing and delivering a short list for a number of roles for these projects.
Our search methodology comprises of meeting with the shareholders of the business, taking a complete brief of their requirements and gaining an understanding of both the individual projects and motivations behind the recruitment plan as well as the key success factors of the potential applicants.
The roles commissioned to Cooper Fitch are the following:
• Chief Executive Officer
• Managing Director
• Project Directors X 3
• Project Managers X 8
• Quality Assurance Manager X 1
• Commercial / Contract Manager.
• Chief Financial Officer.
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