TAM appoints Eyad Ramlawi as Chief Investment & Financial Officer

18 June 2023 Consultancy-me.com 2 min. read
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Saudi digital solutions and management consultancy TAM has brought Eyad Ramlawi on board as Chief Investment & Financial Officer.

Appointed at the start of last month, Eyad Ramlawi has been tasked with leading and further professionalising TAM’s financial operations. Headquartered in Riyadh, TAM is a leading Saudi digital solutions and management consulting company serving institutions across the Kingdom’s public sector.

Ramlawi will also lead TAM’s financial reporting and corporate governance, as well financial relations with investors, with his arrival coming in sync with the firm’s listing on the Nomu parallel market. On 14 June, TAM completed its successful initial public offering (IPO) process.

TAM appoints Eyad Ramlawi as Chief Investment & Financial Officer

During the public offering, TAM floated around 16% of its capital at a share price of SR130, with its market capitalisation currently worth over SAR 475 million (~$126 million). With the proceeds, the consultancy will grow its capabilities and lines of business, invest in new technologies, and attract new team members including high-profile experts.

Kicking off the high-profile hiring spree, Ramlawi brings 25-years of experience to TAM, gained both in consulting and industry.

Most recently, he served as Chief Executive Officer of a family office, and before that he held multiple leadership roles at regional investment company Alturki Group, including those of Chief Investment Officer, Chief Financial Officer and Chief Strategy Officer. Earlier, he was Chief Financial Officer at National Holding and spent close to a dozen years at Deloitte.

“Throughout his career, Eyad's methods have consistently proven instrumental in achieving exceptional results. He has excelled in guiding multi-billion dollar investments and successfully navigating companies through complex financial and structural developments across the MENA region and beyond,” said TAM of its new board member.

“With Eyad's profound expertise in investment strategies and financial management, we are confident in the great impact and achievements to come. We are thrilled to welcome him on board.”

Commenting on his new challenge, Ramlawi said, “I am thrilled to become part of the incredible team at TAM. I am eagerly anticipating the opportunity to collaborate with each member towards achieving the future growth objectives and creating a greater impact.”