Safanad’s board comprises multicultural, independent and hugely experienced industry professionals.
Abdullah BahamdanChairman and Member of the Board
Abdullah Bahamdan is the Founder and Chairman of the Bahamdan Group, a global investment holding group. He is also a seasoned banker, with more than 40 years of experience. Mr. Bahamdan previously held positions as CEO and Chairman of The National Commercial Bank of Saudi Arabia, which he helped to build into one of the Middle East’s largest financial services groups. He is currently a board member of the Bahamdan Group, Health Water Bottling Co. Ltd, Aluminium Products Company and Farabi Petrochemicals. Mr. Bahamdan also previously held board positions at The Saudi Research and Marketing Group, Yamama Saudi Cement Company and the Saudi Lebanese Bank SAL. He is a Founding Member and Member of the Board of Directors at the Saudi Society for the Preservation of Heritage, an Honorary Member at The Consultative Council and the Founding Member of the Prince Khalid Al Faisal Center for the Development of Managerial Leadership.
Kamal BahamdanFounder, Chief Executive Officer, Member of the Board and Investment Committee Member
Kamal Bahamdan is the Founder and Chief Executive Officer of Safanad and Chairman of the Investment and Management Committees. Since 2002, Kamal has also been CEO of the Bahamdan Group, a global investment holding group, where he is responsible for expanding its activities from a largely industrial base by building investment and operating platforms in telecommunications, education, infrastructure and retail across the MENA region. Prior to that, he was co-founder and managing partner of the BV Group, a private equity investment firm formed in 1995, focused on technology and real estate investments, and operating in the US, Europe and Asia. He is a graduate of Boston University with a BS in Manufacturing Engineering. Mr. Bahamdan is a five-time equestrian Olympian and a bronze medalist in the 2012 Olympic games. Mr. Bahamdan was named a Young Global Leader 2006 by the Forum of Young Global Leaders, an affiliate of the World Economic Forum.
Abdul Kareem Abu AlnasrMember of the Board
Abdul Kareem Abu Alnasr
Abdul Kareem Abu Alnasr is a Board Member and Chairman of the Audit Committee of Safanad. Mr. Abu Alnasr has extensive banking and managerial experience having held senior leadership positions in a number of GCC banks. He previously served as the Chief Executive Officer and Board Member of The National Commercial Bank of Saudi Arabia, one of the leading financial institutions in the GCC region. Mr. Abu Alnasr currently serves as a Board Member of Abdul Latif Jamil United Finance Company where he is also Chairman of the Audit and Risk Committees. He is also a member of the Board and Audit Committee of Yanbu National Petrochemical Company. Mr. Abu Alnasr is the recipient of a number of prestigious awards including “Saudi Arabia Banker of the Year 2009” from World Finance magazine and The Banker magazine’s “Lifetime Achievement Award” in 2008 for his ‘considerable contribution to financial services in Saudi Arabia and the region’. Mr. Abu Alnasar holds a Master of Business Administration from the American University in Cairo and a Bachelor of Business Administration from California State University.
Martin EdelmanMember of the Board and Investment Committee Member
Martin Edelman is of counsel in the real estate practice of Paul Hastings LLP, a leading global law firm. Mr. Edelman has more than 40 years of experience and concentrates his practice on large, complex, international real estate (including the hospitality sector), corporate mergers and acquisitions transactions. Mr. Edelman is on the Board of Directors of Equity Commonwealth, BXMT and Aldar, an Abu Dhabi public company. Mr. Edelman is an advisor to Grove Real Estate Partners, The Related Companies and Mubadala, the strategic investment arm of the Government of Abu Dhabi. He is a frequent speaker at international conferences and in 2011 was selected by the National Law Journal as one of the 34 most influential lawyers in the US. Mr. Edelman is on the boards of Manchester City, New York City and Melbourne City football clubs. He is also an advisor to the Miami Dolphins. Mr. Edelman is a graduate of Princeton University and Columbia Law School.
Joseph AzrackMember of the Board and Investment Committee Member
Joseph Azrack brings over 30 years of real estate investment experience to the Safanad team. Previously, Mr. Azrack was the Chairman and Managing Partner of Apollo Global Real Estate. Prior to joining Apollo, he was Founder and Chief Executive Officer of Citi Property Investors (“CPI”) where he chaired the firm’s Management and Investment Committees and directed investment policy and strategy. Mr. Azrack holds an M.B.A. from Columbia University and a B.S. from Villanova University. He is Adjunct Professor at Columbia University’s Graduate School of Business where he teaches Real Estate Entrepreneurship and is a member of the Real Estate Program Advisory Board.