Dr. Mazen Hassounah was elected as the Chairman of SHUAA Capital Saudi Arabia in 2020. He is the Managing Partner of "Mawakher Development Company", a project development company based in Riyadh, and is the Managing director of Abdullatif Alissa Group Holding Company. He served as a board director of Chairman of Audit & Compliance Committee during the period from 2013 to 2018.
Dr. Hassounah has over 36 years of experience in engineering, planning, corporate advisory, investment banking, asset management and financial services in various academic and non-academic positions in Saudi Arabia, Canada and the UK. Prior to his current positions, he held the position of CEO & Managing Director of Rana Investment Company during the period from 2000 to 2008, and the position of Deputy CEO during the period from 1995 to 2000.
Dr. Hassounah is also a board member of Abdullatif Alissa Group Holding Company, Al Yusr Leasing & Financing Company, Best Trading Company and the Arab Palestinian Investment Company. Further, for several years, Dr. Hassounah served as a board member of Ettihad Etisalat (Mobily) and AXA Cooperative Insurance Company, and as a member of the Investment Committee of the Riyadh Chamber of Commerce and Industry.
Dr. Mazen holds Bachelors degree in Civil Engineering from the University of Petroleum & Minerals in Dhahran, KSA, and a Masters and Phd in Planning from the University of Toronto, Canada.