JOH Partners
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Built three group functional leaders into a Saudi industrial holding portfolio of eight operating companies, in 13 weeks.

An anonymised case study of group-level functional leadership build at a Tadawul-listed Saudi industrial holding company, supporting a CEO-led growth and consolidation agenda across an eight-company portfolio.

Tadawul-listed Saudi industrial holding company

— Mandate metrics
Time-to-close13 weeks
Retention statusIn seat at 12 months
Year2024
Pod size4 partners

The mandate

A Saudi industrial holding company, listed on Tadawul and operating eight companies across diversified industrial sectors, engaged us in 2024 to strengthen its group-level functional leadership. Under a CEO-led growth and consolidation agenda, the institution required senior leaders capable of operating not at single-company level but across a multi-entity industrial portfolio with its own internal heterogeneity of operational rhythm and strategic dynamic.

Three roles anchored the brief: a Senior Legal Manager (KSA national), a Group Head of M&A and a Group Head of Internal Audit. Each required a rare combination of strategic oversight at group level and operational depth within complex group structures, particularly within the Middle East. The Group Head of M&A demanded a proven track record executing multi-million dollar transactions while balancing stakeholder alignment at both board and executive levels.

The challenge was less about filling roles and more about identifying leaders capable of standing alongside a CEO running a transformation programme across eight operating companies simultaneously. JOH Partners worked closely with the Board and CEO to navigate this challenge, ensuring alignment between candidate capability, organisational culture, and long-term strategic objectives.

Our approach

Our work ran across four numbered phases.

01. Calibration

Two weeks. We ran joint calibration sessions with the CEO, the Chair, and the relevant board committees for each role. Output: three single-page mandate briefs, each signed off by the CEO, defining off-limits, success criteria and the explicit governance interface each role would inherit.

02. Market mapping

Two weeks, three parallel maps. Each role was mapped across three concentric circles: KSA-resident senior functional leaders, GCC-resident leaders with credible KSA institutional fluency, and international leaders with relevant Tadawul-listed exposure. The Senior Legal Manager mandate was nationality-locked from day one.

03. Longlist research

Five weeks. From the mapped market we ran primary research conversations against role-specific calibration criteria, with daily triage. Roughly one in four mapped candidates progressed to qualified longlist; roughly one in three of those progressed to shortlist.

04. Shortlist and assessment

Four weeks. Five to seven candidates per role were presented with full assessment dossiers. Final-round selection was sequenced over the final two weeks; all three offers signed by week thirteen.

The other roles delivered

The talent market intelligence section below covers the Group Head of M&A seat. The mandate also delivered two further appointments.

Senior Legal Manager (KSA national). Senior legal lead with extensive regulatory experience, brought in to run group legal across the eight-company portfolio with direct reporting to the Group CEO.

Group Head of Internal Audit. Audit and compliance specialist with detailed knowledge of local regulatory frameworks, hired to build the internal audit function across the group.

The outcome

Three offers were signed within thirteen weeks of engagement. All three remain in seat at twelve months. The hires have empowered the institution to advance its growth strategy, strengthening its leadership team and positioning the group for sustained execution across a diversified industrial portfolio.

The team

The mandate was led by the partner heading our Group Holdings practice, supported by a research director (full-time across thirteen weeks), a market analyst (full-time across six weeks) and a delivery PM (full-time throughout). Quarterly retention check-ins continue as part of our 24-month standing commitment.

Three roles, three timelines, one transformation. JOH ran the work as a single integrated programme, every conversation calibrated, every shortlist sequenced. The work let us strengthen the group functional layer without slowing the operating companies.
Group CEO, Saudi industrial holding company
— Talent market analysis

Search intelligence.

— Talent market analysis · Group Head of M&A

LocationRiyadh, Saudi Arabia
SeniorityGroup functional leadership
FunctionCorporate Development & M&A
Target shortlist3 weeks
Key skillsMulti-million dollar transaction executionGroup-level corporate developmentTadawul-listed environment fluencyMulti-vertical industrial exposureBoard-level engagementStakeholder alignmentSaudi regulatory frameworkSuccessor-level pipeline build

— Search funnel

124
Identified
58
Screened
22
Qualified
9
Benchmarked
5
Prioritised

— Gender distribution

58 Total

14% F
86% M
Female
Male

— Regional mix

72% regional

72% Regional
28% Intl
GCC / regional
International

— Talent market intelligence

Experience distribution

12–17 yrs
22%
18–22 yrs
38%
23–27 yrs
28%
28+ yrs
12%

Top source organisations

SABICMa'adenOlayan GroupAlmaraiPIF portfolio entitiesZamil GroupAlfanar

— Nationality breakdown

Saudi Arabia
32%
Egypt
16%
Jordan
12%
Lebanon
11%
United Kingdom
10%
India
8%
France
6%
Other
5%

— Compensation benchmarks · SAR / month

Group Head of M&A85,000 – 130,000

Group-level functional leadership benchmark.

Director, Corporate Development55,000 – 85,000

Single-vertical equivalent.

Group Strategy & M&A combined120,000 – 170,000

Combined-mandate benchmark for reference.

— Market readiness score

76/ 100

Mandate Readiness Score

Final five candidates, average

Multi-million dollar deal track record81
Group-structure fluency74
Tadawul-listed environment exposure72
Stakeholder alignment skills77

— Capability assessment matrix

CandidateTransaction executionGroup fluencyTadawul contextStakeholder reach
Candidate 1 (hired)
Candidate 2
Candidate 3
Candidate 4
Candidate 5
Strong (5)
Good (4)
Moderate (3)
Developing (2)
Weak (1)

This dashboard shows a snapshot of one of the three roles delivered on this engagement: the Group Head of M&A seat. The Senior Legal Manager and Group Head of Internal Audit roles followed an equivalent calibration, mapping and assessment process.

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