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NEOM: Nadhmi Al-Nasr steps down from CEO role

Aiman Al-Mudaifer will step in as NEOM’s Acting CEO, marking a new leadership phase.

Nadhmi Al-Nasr speaking at the Next World Forum. Credit: NEOM

The NEOM Board of Directors has announced the appointment of Eng. Aiman Al-Mudaifer as Acting CEO, replacing Nadhmi Al-Nasr in the role.

“As NEOM enters a new phase of delivery, this new leadership will ensure operational continuity, agility and efficiency to match the overall vision and objectives of the project,” the company said in a statement.

Al-Mudaifer has been the Head of PIF’s Local Real Estate Division since 2018. His role at PIF involved overseeing local real estate investments and infrastructure projects, alongside serving on the boards of several prominent companies in Saudi Arabia.

NEOM remains a cornerstone of Saudi Vision 2030, with ongoing progress across its multiple initiatives, including THE LINE, Oxagon, Trojena, Magna, and The Islands of NEOM.