Saudi Economic and Development Co. (SEDCO)
Ahmed Sulaiman Banaja is Chief Executive Officer of SEDCO (Saudi Economic and Development Co.), a leading private wealth management company that conducts its business according to Shari’ah guidelines. SEDCO manages a wide and diversified spectrum of real estate investments, investments in equities and other businesses in Saudi Arabia and around the world. Prior to his appointment as CEO in January 2008, Mr. Banaja was a member of the SEDCO Board and previously served as member of SEDCO's Audit Committee.
Mr. Banaja began his career with Citibank in Saudi Arabia (1971-77) and subsequently worked in The National Commercial Bank (1977-87 and 1994-96). Mr. Banaja was Chairman of the Board of National Shipping Company of Saudi Arabia (1999-2001) and was a Board Member until 2004.
He is currently a Board Member, a member of the Executive and Chairman of the Audit Committee of Saudi British Bank, a Board Member and Chairman of the Audit Committee of Emaar Economic City, and Head of the Investment Committee of Jeddah City Council.
Mr. Banaja received his B. Sc. in Mathematics and Economics from the University of Kent at Canterbury, UK.
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Profile as of 07/19/2017