Riyadh Tower, Kingdom Centre, Saudi Arabia
Ashmore Investment Saudi Arabia

Board of Directors

Ashmore Investment Saudi Arabia is licensed and regulated by the Saudi Arabian Capital Market Authority under licence no. 14174-22 with its registered office at 3rd floor, Tower B, Olaya Towers, Olaya Main Street, Riyadh, Kingdom of Saudi Arabia.

Dr. Adnan Soufi

Chairman of the Board of Directors and Independent Director

Executive strategic leader specialized in corporate governance as well as leadership and business development, institutional investment and leading transformations. 22 years of experience at SEDCO Holding, where he started as an advisor to the CEO, then as a Senior Vice President of the Direct Investment Group and a member of the Executive Committee, then as Managing Director of the Financial Investment Group, then CEO of SEDCO Holding, then an advisor to the Chairman of the Board

Mr. Saad Almousa


Mr. Saad Almousa is the CEO of Taamirat Almousa Company and SAAF International Company since 2007, and he is a member of the Board of Directors of the Mobile Telecommunication Company Saudi Arabia (Zain), flynas, Sanar Medical Company, SingleView Company, in addition to his presidency and membership in the boards of directors of other companies.

Mr. Almousa is a business leader with a track record spanning over 20 years, where he founded and managed many companies in various fields, such as information technology, communications, services, industry, financial investments, and real estate, in addition to his experience in establishing and structuring investment funds.

Mr. Almousa holds a Bachelor's degree in Information Systems from King Saud University in the Kingdom of Saudi Arabia in 2001.

Mr. Tom Shippey


Mr. Shippey is Group Finance Director for Ashmore plc. He was promoted to the board in November 2013, having previously been Head of Corporate Development since 2007, in which capacity he was responsible for developing and implementing Ashmore’s corporate strategy. Prior to joining Ashmore, Mr. Shippey worked for UBS Investment Bank, including advising on the Ashmore IPO in 2006. He qualified as a chartered accountant with PricewaterhouseCoopers in 1999 and has a BSc. in International Business and German from Aston University.

Mr. Ibrahim Assem


Mr. Assem is the Head of Private Equity, MENA for Ashmore Group, joined Ashmore in 2008 from Weather Investments/Orascom Telecom in Paris where he was a Senior Manager in their corporate finance group. Prior to this, he had M&A roles at Deutsche Bank in London, Orascom Telecom in Cairo and with Merrill Lynch in London. Mr. Assem holds an MBA degree from New York University and, a BSc in Business Administration from the American University in Cairo.

Mr. Ahmed A. Almohaisen 

Chief Executive Officer and Managing Director and Head of Product and Business Development and Board Director (Executive Director)

Ahmed joined Ashmore in 2020 after holding various positions such as a team leader in the wealth management at Banque Saudi Fransi, Executive Director of Investor Relations at Ibdar Bank Bahrain, and VP senior institutional advisor at NCB Capital. Ahmed’s experience in the investment sector extends to over ten years with a number of professional certificates such as Institutional Investment Management form the Chartered Institute for Securities & Investment (CISI). 

Ahmed holds a Bachelor’s degree in Finance from King Fahd University of Petroleum & Minerals (KFUPM).