Company: Zamil Industrial Investment Company
Country: Saudi Arabia
Abdulla Mohammed Al Zamil is something of a visionary. He represents a younger generation of Saudis looking to shake things up and in many ways symbolises the changing dynamics of family businesses in the Gulf that have made the transition from traditional merchant houses rooted back in the 1970s to companies that have had to adapt and evolve in tandem with the changing global economy.
At 47, an upbeat and energetic Al Zamil heads Zamil Industrial Investment Co (ZIIC), the fourth-largest Saudi industrial company by market capitalisation and one of the fastest-growing companies in Saudi Arabia.
After earning a bachelor’s degree in Industrial Engineering from the University of Washington in Seattle, Al Zamil returned to the kingdom in 1987 to join the family business while completing his MBA. He worked his way up from an industrial engineer on the assembly line, to then being part of the purchasing department, before going on to sales and marketing and eventually operations.
He oversees the firm’s intense competition for market share in the steel, air conditioning, glass, insulation and concrete industries.