Estithmar Holding Q.P.S.C Appoints New Group CEO


Estithmar Holding Q.P.S.C. announces that the Chief Executive Officer Mr. Henrik Christiansen has resigned from his post.

The Board of Directors has appointed Eng. Mohamed Badr Al-Sadah as the new Group Chief Executive Officer from 1st September 2023.

Eng. Al-Sadah is one of the well-known Qatari competencies in several fields, including oil and gas, investment and communications, because of his extensive experience in managing and leading local companies.

The Board of Directors of Estithmar Holding welcomed the appointment of Eng. Mohamed Badr Al-Sadah as the new GCEO, and emphasized that he is well-positioned to support the company’s strategic vision, which aims to expand its business portfolio in Qatar and to international markets, as well as to increase shareholder value.

Prior to joining Estithmar Holding, Eng. Al-Sadah held several high-profile positions as Chief Operating Officer and Chief Business Development at Vodafone Qatar, as well as Chief Executive Officer at Hassad Food Company. In addition to assuming several leadership positions during his tenure at the Qatar Investment Authority.

It is worth noting that Eng. Mohamed Badr Al-Sadah holds an engineering degree from the University of Arizona in the United States of America. He started his career as an engineer in one of the largest gas companies in Qatar.

In addition to his new role as Estithmar Holding GCEO, Al-Sadah currently holds several other leadership positions: Chairman of Widam Food Company, Vice Chairman of Baladna Food Industries Co, Board Member in Qatar Development Bank, Board Member in Al-Hosn Investment Company.

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