Mehdi Khalfaoui holds the position of Chief Financial Officer at Zain KSA. During his tenure, he made systematic improvements in profitability, dedicating strategic focus on commercial investment and bolstering cash liquidity together with improved capital structure. He played a vital role in scoring several financial achievements for the company, including the flagship sale and leaseback of Zain KSA’s passive infrastructure that involved 8,100 towers. He also led the first dividend distribution to shareholders.
Khalfaoui has international ICT sector experience in various areas within the telecommunications industry, including Financial Management, Performance Monitoring, Budgeting and Planning, Treasury, and Corporate Finance.
Since 2009, he has held several positions within Zain Group and has succeeded in spearheading transformations focused on cost optimization and operational expense reductions.
Prior to joining Zain KSA in 2017, Khalfaoui held key strategic roles with leading international telecom companies, serving as a Budget & Planning Analyst for Orascom Telecom and a Financial Analyst for SGCIB. Khalfaoui holds a master’s degree in Corporate Finance from INSEEC and a Professional Learning Experience Degree from Harvard Business School for the Program of Leadership Development.