Saudia Cargo, a main in global air cargo transportation and a member of the supreme air cargo alliance, SkyTeam Cargo with its global reach, offered the appointment of Eng. Loay Mashabi as its fresh Chief Executive Officer and Managing Director, effective January 1, 2025.
Eng. Mashabi succeeds Teddy Zebitz as CEO, who has led Saudia Cargo to document success, riding innovation and solidifying its leading location, Zebitz will continue to serve as a member of the Board of Directors
“All the draw by Teddy’s tenure, now we bear done unparalleled milestones and navigated by a mode of challenges, all while placing forward our dedication to performance and provider excellence,” said Mr. Abdulkareem Abualnasr, Saudia Cargo Board Chairman. “Teddy’s imaginative and prescient and leadership bear been instrumental in constructing the capabilities of our firm and in executing our solutions, and we are deeply grateful for all his worthwhile contributions.”
Eng. Mashabi joined Saudia Cargo as board member since August 2021 then as a Managing Director in October 2023, bringing a wealth of abilities in the transportation and logistics sector. Earlier than becoming a member of Saudia Cargo, he served as Deputy Minister for Logistics Providers and products on the Ministry of Transportation and Logistics Providers and products, and Deputy Governor for Planning and Building of the Same old Authority of Customs, He moreover served as CEO of the inception segment of a Al Soudah destination at Public Investment Fund (PIF)
Below his leadership, Saudia Cargo will focal level on accelerating its development, expanding its global network, and advancing Saudi Imaginative and prescient 2030’s logistics sector targets, enabling the Kingdom’s transformation by securing wanted goods and offering buyer-centric alternatives that attend companies thrive and industries grow.
Eng. Loay Mashabi holds an Executive MBA from London Commerce College and a BSc in Petroleum Engineering from King Fahd University.
