Saudia Cargo, a prime in world air cargo transportation and a member of the largest air cargo alliance, SkyTeam Cargo with its world attain, announced the appointment of Eng. Loay Mashabi as its new Chief Govt Officer and Managing Director, efficient January 1, 2025.
Eng. Mashabi succeeds Teddy Zebitz as CEO, who has led Saudia Cargo to chronicle success, riding innovation and solidifying its main build, Zebitz will proceed to serve as a member of the Board of Directors
“For the period of Teddy’s tenure, we beget executed critical milestones and navigated by a form of challenges, all while conserving our dedication to performance and carrier excellence,” said Mr. Abdulkareem Abualnasr, Saudia Cargo Board Chairman. “Teddy’s imaginative and prescient and leadership were instrumental in constructing the capabilities of our firm and in executing our suggestions, and we are deeply grateful for all his precious contributions.”
Eng. Mashabi joined Saudia Cargo as board member since August 2021 then as a Managing Director in October 2023, bringing a wealth of expertise within the transportation and logistics sector. Earlier than joining Saudia Cargo, he served as Deputy Minister for Logistics Services and products on the Ministry of Transportation and Logistics Services and products, and Deputy Governor for Planning and Construction of the Commonplace Authority of Customs, He also served as CEO of the inception half of a Al Soudah destination at Public Investment Fund (PIF)
Below his leadership, Saudia Cargo will specialise in accelerating its enhance, rising its world community, and advancing Saudi Imaginative and prescient 2030’s logistics sector targets, enabling the Kingdom’s transformation by securing mandatory items and providing customer-centric alternate options that again corporations thrive and industries develop.
Eng. Loay Mashabi holds an Govt MBA from London Enterprise School and a BSc in Petroleum Engineering from King Fahd University.