Profile

Dr. Fahad bin Mushayt

Chief Executive Officer
ASFAR

Dr. Fahad bin Mushayt is the Chief Executive Officer at ASFAR, the Saudi tourism investment company that is a wholly owned subsidiary of the Public Investment Fund established to drive the growth of tourism investment in partnership with the private sector to create captivating destinations in Saudi Arabia for visitors from all over the world in line with Saudi Vision 2030. Dr. Mushayt has recently been honored as one of the Top 100 CEOs in the Middle East by Forbes, a recognition that underscores his exceptional leadership and strategic vision at ASFAR. This accolade highlights his commitment to driving innovation and excellence within the Kingdom’s tourism sector, where he has successfully propelled the organization to new heights. Boasting more than two decades of experience, Dr. Fahad bin Mushayt's illustrious career spans across multifaceted domains including city management, mega investments in real estate, mergers and acquisitions, strategic business development, and operations management. He has also taken on challenging roles in myriad sectors including information technology and telecommunications, as well as infrastructure development. Before his tenure at ASFAR, Dr. Mushayt held pivotal positions in both government and semi-government entities. He spent nearly twenty years at the Saudi Telecom Group holding several other key positions including Chief Executive Officer of Mega Strategic Projects, Vice President for Business Development, and Vice President of Corporate Strategy and Performance. He then became the Chief Executive Officer of Saudi Telecom Specialized Company for three years. In 2021, he became Deputy Governor for Investment and Business Development at the State Property General Authority, after being Chief Executive Officer of the Diplomatic Quarter General Authority (DQGA) in Riyadh for three years. He has also served on the boards of various organizations worldwide including Maxis Communication Berhad Holding Company in Malaysia, Aircel Company in India, and Axis Company in Indonesia, to name a few. Dr. Fahad bin Mushayt holds a PhD in Economics, Political Economy and Public Policies from the University of Southern California and a master’s degree in economics from California State Polytechnic University, Pomona. He also holds a Bachelor of Science degree in Operations Research from King Saud University, Riyadh. In July 2024, Dr. Mushayt completed the Advanced Management Development Program at Harvard University. His ongoing commitment to professional development reflects his dedication not only to personal growth but also to the advancement of the tourism sector in the Kingdom, ensuring that ASFAR remains at the forefront of innovation and excellence.