From Engineer to Visionary Leader
Othman Ibrahim’s journey from an engineering background to becoming the Group President and CEO of Rawabi Holding is a testament to his dedication and strategic vision. His technical expertise has been pivotal in navigating the complexities of industries such as infrastructure development, oil and gas, renewable energy, and industrial services. Under his leadership, Rawabi Holding has not only expanded its operations but also aligned closely with Saudi Arabia’s Vision 2030, aiming to diversify the economy and reduce dependence on oil.
Diversification and Strategic Partnerships
In April 2024, Rawabi Holding achieved a significant milestone by concluding its largest Saudi Riyal-denominated Sukuk issuance, raising SAR 1.2 billion ($320 million). This landmark issuance surpassed the company’s previous record and underscored its strong position in Saudi financial markets. The overwhelming demand, with coverage exceeding 2.8 times the initial issuance size, reflects investors’ confidence in Rawabi’s robust operations and creditworthiness.
Furthering its commitment to sustainability, Rawabi Holding expanded its strategic partnership with World Wide Generation (WWG) into a joint venture in September 2024. This collaboration aims to fast-track sustainability performance and financing, especially in hard-to-abate sectors in Saudi Arabia and the wider MENA region. By leveraging WWG’s G17Eco Platform, Rawabi plans to create a comprehensive suite of sustainability services, aligning with the Kingdom’s Vision 2030 objectives.
Fostering a Positive Corporate Culture
Beyond financial achievements, Ibrahim emphasizes a corporate culture rooted in employee development, corporate responsibility, and ethical business practices. His leadership style promotes innovation and operational excellence, ensuring that sustainability and social impact remain at the forefront of Rawabi’s operations. This holistic approach has solidified Rawabi Holding’s reputation as a leader in diversified industries and a key contributor to Saudi Arabia’s long-term economic development.
Inspiring the Next Generation
Othman Ibrahim’s journey is a source of inspiration for aspiring professionals. His ability to blend technical expertise with strategic vision showcases the impact of dedicated leadership in driving organizational success and contributing to national development goals. As Rawabi Holding continues to grow under his guidance, it serves as a testament to the possibilities that arise when innovation, sustainability, and ethical practices converge.
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