TAJ Holding Group Strengthens Board with Raed Bairagdar's Appointment
Portfolio - People | Mar 16, 2025 | EIN
TAJ Holding Group has announced the appointment of Mr. Raed Bairagdar as an Independent Director and the Chairman of its Audit Committee, aiming to fortify its corporate governance framework. Mr. Bairagdar brings with him over 25 years of experience in financial management, investment advisory, and real estate within Saudi Arabia. His past roles include Executive Partner and CEO positions at ASSETS Financial Advisors and ASSETS Real Estate Investment Company, where he managed significant asset portfolios and oversaw projects worth over USD 2 billion. As part of TAJ Holding Group's board, Mr. Bairagdar will focus on enhancing financial reporting and risk management, aligning with the Group's strategic vision for transformative growth and corporate transparency by 2030. Omar Abdulaziz Henaidy, the Founder & Group CEO of TAJ Holding, expressed confidence in Mr. Bairagdar's ability to significantly bolster the company's governance and growth trajectory.
Sectors
- Finance & Investment
- Real Estate
- Corporate Governance
Geography
- Saudi Arabia – The article focuses on TAJ Holding Group, a Saudi Arabian conglomerate, and the professional background of Mr. Raed Bairagdar.
Industry
- Finance & Investment – The article discusses Mr. Raed Bairagdar's appointment to oversee financial reporting, indicative of the finance and investment sector.
- Real Estate – Raed Bairagdar's background in real estate development and investment is highlighted, relevant to the industry context.
- Corporate Governance – TAJ Holding Group's focus on strengthening governance and financial oversight is a key theme of the appointment.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| TAJ Holding Group | Target Company | Company | A Saudi Arabian conglomerate engaged in sectors including real estate, fashion, and IT. |
| Mr. Raed Bairagdar | Appointee as Independent Director and Chairman of Audit Committee | Person | Appointed to TAJ Holding Group's Board, known for his extensive background in finance and real estate. |
| ASSETS Financial Advisors | Previous Employer of Mr. Bairagdar | Company | A financial advisory firm where Mr. Bairagdar previously served as Executive Partner & CEO. |
| ASSETS Real Estate Investment Company | Previous Employer of Mr. Bairagdar | Company | Another company led by Mr. Bairagdar, focusing on real estate investment. |
| Mr. Omar Abdulaziz Henaidy | Founder & Group CEO of TAJ Holding | Person | Expressed confidence in Mr. Bairagdar's appointment and its alignment with strategic objectives. |