Faris AlRashed Alhumaid

Faris brahim Rashed AlRashed Alhumaid is considered one of the most prominent entrepreneurs in the region and a pioneer in the field of venture capital, having established himself as a leading angel investor and co-founder of a number of leading startups, including Careem, Hala, Lendo, Sabbar, Resal, and others. He currently serves as Founder, CEO, and Chairman of Sharakah Financial Company, Founder and Chairman of the Board of Trustees of Oqal Angel Investors Network , and Founder and Chairman of the Board of Trustees of the Wateen Platform . Faris brings extensive executive and leadership experience, having held a number of senior positions, most notably Head of Private Equity and Venture Capital at Derayah Financial, CEO of Aldwalej Technology, CEO of Riyadh Steel Co , and CEO of Nal Investment Company, among many other roles. He has also held numerous positions in social and non-profit work, including Member of Capital Market Institutions Committee , Chairman of the Young Business Forum, Member of the Investment Committee at Ensan Association, , and Member of the Endowments Committee at the Chamber of Commerce. He is also a co-founder of the Saudi Venture Capital and Private Equity Association, a mentor at Endeavor, and an Eisenhower Fellow since 2005. Faris possesses broad experience in institutional work and board memberships, serving on the boards of numerous listed and unlisted companies, including Bin Dawood Holding, Elm Company, Naseej for communication and Information Technology, and Ratio Company, among others.He has previously served on the boards of several leading companies, most notably Dallah Healthcare, Al Hassan Ghazi Ibrahim Shaker Company, Dur Hospitality, Sahl Housing Finance, and Derayah Financial, among others Driven by his mission to empower entrepreneurs and support the innovation ecosystem, Faris is known for his ability to inspire the new generation of founders and motivate them to achieve professional and personal growth. His vision and expertise have earned wide recognition from the institutions, associations, and companies he has contributed to developing through his board memberships.