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Thursday, Dec 08, 2022

Who’s Who: Rakan Al-Huthali, group executive director at ROSHN, KSA’s largest real estate firm

Who’s Who: Rakan Al-Huthali, group executive director at ROSHN, KSA’s largest real estate firm

Rakan Al-Huthali is the group executive director of corporate governance, risk management and compliance at ROSHN, Saudi Arabia’s largest real estate development company wholly owned by the Public Investment Fund.

Al-Huthali has enjoyed an extensive 10-year career in finance and accounting, with prior experience in investment management. During this time, he has gained valuable cross-sector experience in the real estate, wealth management, hospitality, global finance investment, retail and automotive sectors.

Al-Huthali joined ROSHN in November 2020 as executive director of internal audit. Through his responsibility for the audit processes, financial reporting and assessment functions he gained a comprehensive understanding of the company’s internal mechanisms that prepared him for his current role.

As ROSHN’s group executive director of corporate governance, risk management and compliance, Al-Huthali is a key enabler of performance and transparency across the company’s broad range of activity – helping ROSHN to contribute to Vision 2030 objectives.

Al-Huthali joined ROSHN from the investment management industry, where he held the position of chief of internal audit at SEDCO Capital. Al-Huthali worked for SEDCO Holding between 2014 and 2017, initially as an associate senior auditor and eventually as the company’s internal audit manager, handling construction and implementation of group-level audit plans.

Between 2008 and 2011, he worked as an external auditor at Ernst & Young in Saudi Arabia, gaining experience of both the Saudi market and global approaches to financial reporting.

Al-Huthali graduated with honors from King Abdulaziz University with a bachelor’s degree in accounting in 2008. He went on to earn a master’s degree with honors in auditing and accounting information systems from Southern Illinois University.

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