Dr. Mashhour Mourad is an Assistant Professor of Finance and the Executive Director of the Corporate Governance Center at Alfaisal University’s College of Business. Dr. Mourad has extensive experience in the Management of Financial Institutions and Multinational Corporations. He is an experienced Commercial and Investment Banking professional with a proven track record of accomplishments in Capital Markets, Risk Management, and Turnarounds.
Dr. Mourad was the CEO of Merrill Lynch Kingdom of Saudi Arabia, where he led the firm across business lines to get established in the Kingdom during the challenging year of 2008 until the merger with Bank of America in 2009. The key business lines were Global Markets & Investment Banking, Wealth Management & Research.
Prior to Merrill Lynch, Dr. Mashhour was Head of Capital, Liquidity & Corporate Finance at The National Commercial Bank (NCB) in Jeddah. Essentially the In-house Investment Banker for the firm, he was a member of the senior management team that led the turnaround of the Bank. Dr. Mourad managed external relations with the Rating Agencies and helped raise the Bank’s rating several notches from BBB to A+. He also helped the bank diversify its funding sources by issuing securities in the international capital markets.
Prior to NCB, Dr. Mashhour was an Economic Advisor to the Saudi Government at the Saudi Arabian General Investment Authority (SAGIA), a government agency entrusted with promoting Foreign Direct Investments and improving the business climate in Saudi Arabia.
Dr. Mourad has extensive experience in Change Management. In his capacity as CEO, he led the successful Turnaround of a private Jeddah-based Investment Bank founded by multinational shareholders from year-on-year losses to profitability within a single year.
In his earlier career, Mashhour was an Architectural Engineer with Bechtel Corporation where he worked on multibillion-dollar mass-transit infrastructure projects.
Dr. Mourad earned his MBA and Ph.D. degrees from the University of California at Los Angeles (UCLA). He also earned a B.Sc. degree in Architectural Engineering from the King Fahd University of Petroleum & Minerals in Dhahran, Saudi Arabia.