Group Managing Director Strategic Operations & Financial Leadership
Address: Dammam, Kingdom of Saudi Arabia Phone: (+966) 549455050 / (+966) 557557543
Email: [email protected] Nationality: Saudi LinkedIn: Ahmed Ibrahim Al-Qahtani
Summary
Seasoned executive with over 15 years of experience in finance, operations, and business development across the metal
recycling, trading, and automotive sectors. Proven track record in driving multi-million SAR revenue growth, optimizing
operational efficiency, and implementing robust financial controls. Expertise in strategic planning, corporate governance,
and team leadership, with a strong focus on sustainable business expansion and market diversification. Demonstrated
ability to deliver measurable results through process improvements, cost optimization, and high-performing team
development
Experience
Chief Executive Officer (CEO) â Aug 2024 â Present
Lamarco, Dammam
⢠Lead the launch and growth of Lamar Group, securing all GCC licenses and regulatory approvals while managing
operations within a SAR 40â50M budget.
⢠Build and inspire a high-performing team of 100+ professionals across administration, finance, and technical
functions to drive business success.
⢠Drive strategic initiatives that deliver double-digit revenue growth and sustainable profitability, optimizing budget
allocation of SAR 40â50M.
⢠Oversee acquisition and development of multiple industrial sites, managing SAR 50M in capital expenditures and
achieving over 50% savings on land costs.
⢠Implement supplier and procurement strategies that reduce costs by 80% while maintaining top-tier quality and
operational efficiency.
⢠Manage financial planning, budgeting, and forecasting to maximize resource utilization and cost efficiency across
the SAR 40â50M budget.
⢠Establish strong corporate governance, compliance, and risk management frameworks to ensure transparency
and accountability.
⢠Streamline operations through innovative systems, policies, and procedures, strengthening Lamar Groupâs
position in the Middle East recycling and metals trading sectors.
Group Managing Director - 2019 â 2024
Middle East Recycling Co. & Metals Gulf Trading Co., Dammam
⢠Founded and launched two companies from inception, securing all necessary licenses and regulatory approvals
for GCC operations.
⢠Built and led high-performing teams of over 100 employees across administrative, financial, and technical
functions.
⢠Developed and executed strategic business plans, driving double-digit revenue growth and sustainable
profitability.
⢠Directed acquisition and development of multiple industrial sites, managing capital expenditures of SAR 50M and
achieving over 50% cost savings on land acquisition.
⢠Implemented supplier strategies that reduced costs by 80% while maintaining quality and operational efficiency.
⢠Oversaw financial planning, budgeting, and forecasting, optimizing resource allocation and cost efficiency within
a SAR 50M budget.
⢠Established corporate governance, compliance, and risk management frameworks, ensuring transparency and
accountability.
⢠Streamlined operations through efficient systems, policies, and procedures, strengthening company positioning
in the Middle Eastâs recycling and metals trading sectors.
General Manager â Feb 2014 â 2019
Al Qaryan Group (Metal Recycling Co. Ltd.), Dammam
⢠Reduced company losses from SAR 45M to SAR 15M within the first year and achieved SAR 20M net profit the
following year through strategic operational and financial initiatives.
⢠Implemented a management strategy shift resulting in SAR 150M in business growth and enhanced overall
company performance.
⢠Optimized transportation costs from SAR 10M to SAR 5M by expanding the fleet from 10 to 100 trucks, improving
logistics efficiency.
⢠Enhanced material utilization and industrial waste resale, driving additional revenue streams and resource
efficiency.
⢠Led a team of 150+ employees, improving productivity, performance management, and operational excellence
across all departments.
⢠Ensured compliance with local, regional, and national regulations, maintaining high safety and environmental
standards.
Central Finance Manager (Eastern Region) - Jan 2013 â Jan 2014
Saveto Group, Dammam
⢠Linked sales commissions to invoice collections, reducing delayed payments and cutting debits from SAR 150M to
SAR 20M.
⢠Achieved 50% reduction in raw material costs by diversifying suppliers and renegotiating procurement contracts.
⢠Strengthened financial and operational controls, improving efficiency and safeguarding company assets.
⢠Prepared and analyzed financial reports for management and stakeholders, providing actionable insights for
strategic decisions.
⢠Managed cash flow, banking relationships, and tax strategies, ensuring optimal liquidity and compliance with
regulations.
⢠Led and developed the finance team, implementing process improvements and financial systems to enhance
performance and accountability.
Finance Manager (Eastern Region) - Jan 2011 â Jan 2013
Universal Motors Agencies Co. Ltd. (UMA)
⢠Increased regional sales by over 30% by optimizing financial operations and supporting strategic business
initiatives.
⢠Established a Customer Credit Section and implemented an invoice collection system, improving on-time
payments and cash flow management.
⢠Reduced financial risk by introducing a bank-based payment system for clients, ensuring secure and timely
transactions.
⢠Managed budgets, forecasts, and financial reporting for the Eastern Region, providing actionable insights to
support executive decision-making.
Senior Accountant Al-Weaset Newspaper, Dammam - Jan 2006 â Dec 2008
Accountant Supervisor AlQaryan Contracting - 2002 â 2005
Education
Ph.D. in Business Administration (Hospital Management) â The British Institute of Economics & Political Science
Masterâs in