NEOM Board of Directors Announces Leadership Change

NEOM, Saudi Arabia – November 12, 2024: The NEOM Board of Directors today announced the appointment of Eng. Aiman Al-Mudaifer as Acting CEO of the company. Eng. Al-Mudaifer assumes leadership of NEOM, following Eng. Nadhmi Al-Nasr’s departure.

As NEOM enters a new phase of delivery, this new leadership will ensure operational continuity, agility and efficiency to match the overall vision and objectives of the project.

Eng. Al-Mudaifer takes the helm of the organization with the support of a strong leadership team across NEOM’s regions, sectors and departments. Head of PIF’s Local Real Estate Division since 2018, Eng. Al-Mudaifer has a deep and strategic understanding of NEOM and its projects. In his role at PIF, Eng. Al-Mudaifer oversees all local real estate investments and infrastructure projects. He is also a board member of multiple prominent companies within the Kingdom.

NEOM is a fundamental pillar of Saudi Vision 2030 and progress continues on all operations as planned, as we deliver the next phase of our vast portfolio of projects including THE LINE, Oxagon, Trojena, Magna and The Islands of NEOM.  Through these projects, NEOM seeks to achieve harmony between livability, business and nature, and to create a better future for current and future generations.