Introduction

Dr. Farid has over 35 years of exceptional experience in the field of consulting, corporate finance and financial management and in the basic aspects of senior management, and he has a distinct ability for capital budgeting, Structured finance, Dealing with investment and Financial institutions, Dealing with BOT, PPP, risk management and mitigation. Farid’s diverse experience came from his passion for success, balanced methodical leadership, and strategic analysis based on international standards and methodological foundations and standards. Farid’s show amazing record in managing corporate finance + one Billion asset. Farid’s diverse experience is in several sectors, the most important of which are airport management, PPP, oil and gas, Mega development projects, hotel management, industry and trade.

Certifications

• PHD in Finance –Brunel university London 2014

• Masters in Change Management -LEORON .2018

• Master’s Business Administration Major in finance from Arab Academy – 2003 – Egypt.

• CPA Certified 1990 – JORDAN.

• BSC degree in Business Administration (Finance) – Yarmouk University 1983 – Jordan.

Professional Experience

• 2023 – Correct Target Company for Management – JORDAN

• 2017 – CFO Airport International Group / Queen Alia International Airport – Jordan

• 2010 – CFO Al Barrak Group – KSA

• 2006 – Finance and Administration Manager ZAD Industrial Catering – Jordan

• 2004 – Finance Manager Millennium Food Industries – Jordan

• 1994 – Director of Finance Saudi Egyptian Touristic Development Company – Egypt

• 1986 – Chief Accountant and portfolio manager –Alanwaa Holding Group – KSA

Sectors of expertise

• PPP (Public Private Partnership )

• Holding company with diversified activities

• Real-estate development

• Private sector management.

• International and global companies.

• Corporate investment and trade

Areas of Expertise

• Financial restructuring ,due diligence and Financial re engineering

• Strategic business plan 2018-2032

• Integration with APD after change of control took place on 15.4.2018

• Change management AIG shifting to be subsidiary of ADP.

• Airport Financial Modeling and re-modeling.

• Concession financial management and structured Finance.

• Managing relationship with shareholders and senior lenders dealing with IFC

• Structured finance for BOT projects

• Managing relationship with development banks IFC &IDB.

• Managing open fronts with Grantor.

• Restructuring financial structure of AIG including option for changing swaps contracts, financial rating and access to finance from international investors.

• Compliance with IFRS, CTA, REOA and O&M agreements with SR lenders, GOJ and Airport authorities

Related Projects

• Debt restructuring of the Airport International Group with the senior lenders IFC and IDB.

• Implementation of the inflation adjustments on the regulated charges in coordinationwith CARC and the Government of Jordan.

• Management and leadership of many government and private projects.

• Dealing with customs authorities to close all the backlog customs declarations for all theimported items for QAIA project.

• Handling the concession contract extension between AIG and GOJ