Eng. Loay Mashabi to take over his new position effective 8 October 2023
Saudia Cargo has made a top appointment. Eng. Loay Mashabi will take over as Managing Director from 8 October 2023.
Eng. Loay Mashabi, the former Deputy Minister for Logistics Services at the Ministry of Transportation and Logistics Services, has an extensive background in the logistics sector and has played a pivotal role in the efforts to bolster Saudi Arabia’s position as a logistics hub, according to a press communique.
Throughout his career Loay has served at various positions in both the private and government sectors and has also acted as board member of Saudia Cargo, Saudi Authority for Industrial Cities and Technology Zones (MODON), Riyadh Integrated (Transportation, Logistics, Supply Chain and Storage) and Saudi Exports Authority.
Overseer
Together with Teddy Zebitz, CEO, Loay will oversee several functions and strategic initiatives to ensure Saudia Cargo continues in its successful growth and transformation to reach a vast international presence through expanding its dedicated freighter fleet to become one of the world’s top 10 largest air cargo carriers in the coming years, the press statement continued.
“We are thrilled to have Loay on board and to welcome him to the Saudia Cargo family,” remarked Teddy Zebitz, CEO. “His background and vast experience in the field will prove to be invaluable in our efforts to drive forward Saudia Cargo’s ambitious growth plans,” he added.
Potential
“With this new chapter in my career I am excited to continue serving the Saudi logistics sector and bring forth the untapped potential in the region. Saudia Cargo will, without a doubt, be just the right place to accomplish great feats in placing Saudi Arabia in the center of the logistics map,” commented Loay on his appointment.
Eng. Loay holds an Executive MBA from London Business School and a BSc in Petroleum Engineering from King Fahd University of Petroleum and Minerals in Dhahran, Eastern Province, Kingdom of Saudi Arabia.
