Saudi Infrastructure Giant SISCO Names Saleh Ahmed Hefni as New Managing Director to Helm Next Phase of Growth

The appointment signals a key leadership update for the Tadawul-listed company, a pivotal player in Saudi Arabia’s ports, logistics, and water solutions sectors.

JEDDAH, SAUDI ARABIA – Sustained Infrastructure Holding Company (SISCO), a leading Saudi strategic investment company, has announced a significant executive appointment, naming Saleh Ahmed Hefni as its new Managing Director.

The announcement, made public via a corporate disclosure, marks a pivotal leadership update for the company, which is publicly traded on the Saudi Exchange (Tadawul) under the ticker symbol 2190.

As the new Managing Director, Mr. Hefni will be tasked with steering the company’s strategic initiatives and overseeing its diverse portfolio of assets. His appointment comes at a crucial time as SISCO continues to play a vital role in the development of Saudi Arabia’s infrastructure, aligning with the ambitious goals of the Kingdom’s Vision 2030.

A Critical Role in a Diversifying Economy

SISCO is one of the Kingdom’s most prominent infrastructure holding companies, with core investments in:

• Ports & Logistics: Including a majority stake in the world-class Red Sea Gateway Terminal (RSGT) at Jeddah Islamic Port, a key logistics hub for the region.

• Water Solutions: Significant holdings in companies specializing in water desalination and treatment.

• Industrial Services: Investments supporting the Kingdom’s industrial growth.

The appointment of a new Managing Director is a strategic move designed to strengthen executive leadership and drive operational excellence across these critical sectors. Saleh Ahmed Hefni’s leadership will be instrumental in navigating the next phase of SISCO’s expansion and optimizing its contributions to Saudi Arabia’s transformation into a global logistics and industrial powerhouse.

Looking Forward: Stability and Strategic Execution

While the company has not detailed specific strategic shifts accompanying the appointment, the naming of a new MD is typically aimed at ensuring focused execution of long-term goals. For SISCO, this means enhancing the efficiency and capacity of its port operations, expanding its footprint in the water sector, and capitalizing on new infrastructure projects emerging under Vision 2030.

Investors and market analysts will be watching closely as Mr. Hefni takes the helm, anticipating that his leadership will bring continued stability and drive value creation for SISCO’s shareholders. This move reinforces the company’s commitment to robust corporate governance and strategic growth in one of the world’s most dynamic and rapidly developing economies.