Mr. Fouad Alrashed

Independent Non – Executive Director

Mr.  Alrashed  was  appointed  to  the  Depa  Board  as  an  Independent  Non-Executive  Director  on  11  June 2024. He was reappointed to the Depa Board on 26 June 2025 for a three-year term. Mr. Alrashed is the CEO of Sulaiman Al Rajhi Real Estate Investments Co. in Saudi Arabia, and has held several posts during his  career,  including  CEO  of  Rafal  Real  Estate  Development  Co.  (2019–2020);  CEO  of  Asala  Holding (2019–2012); VP for Finance & Administration of Mohamad Alhabib Real Estate Co (2007–2012); Executive Finance Manager of MODON (2004–2007); Finance Manager of Riyadh Development Co. (2002–2004); and  Chief  Internal  Auditor  of  the  Riyadh  Al-Kharj  Military  Hospital  (2000–2002).  In  addition  to  his professional accounting qualifications, Mr. Alrashed holds a Bachelor of Administration Sciences (Accounting)  degree  from  King  Saud  University,  and  an  advanced  Diploma  in  Accounting  from  the Economics Institute, Boulder, Colorado, USA.