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Tarek Aggad

Chairman and Chief Executive Officer - Arab Palestinian Investment Company (APIC)

Executive Director - Aggad Investment Company 

As executive director of the Aggad Investment Company (AICO), Riyadh, Saudi   Arabia, Mr. Aggad has been responsible for monitoring several of the group’s existing businesses, establishing and managing a wide range of investments in Saudi Arabia, including the distribution of automotive vehicles, telecommunication equipment and computer software. AICO has become a leading Saudi diversified holdings firm. He holds board memberships in several manufacturing, distribution and service companies in Palestine, Jordan and Saudi Arabia.

In 1995, Mr. Aggad launched the Arab Palestinian Investment Company (APIC) . The group established distribution and manufacturing operations in the fields of consumer goods, pharmaceuticals, cars, retail and construction. Today, APIC is considered one of the foremost investment groups in Palestine.

Mr. Aggad was appointed by H. E. President Mahmoud Abbas to serve as a board member of the Palestinian Investment Fund (PIF) in 2006, which is the investment and development arm of the Palestinian people and government, with assets under management in excess of $1 billion.

Mr. Aggad is a member of the board of trustees and board of directors of the King Hussein Cancer Foundation. He is also a member of the Young Presidents’ Organization and was named a Global Leader of Tomorrow (GLT) by the World Economic Forum at Davos in 2001.

Mr. Aggad graduated with honors from Harvard University, Cambridge, Massachusetts, with a bachelor’s degree in Economics.

© 2009 APIC- Arab Palestinian Investment Company
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