Director - City Asset Management

About Qiddiya Investment Company

Qiddiya Investment Company is a prominent Saudi holding and development enterprise spearheading major investments in entertainment, sports, and cultural sectors. Central to its mission is the creation of Qiddiya City and its associated destination assets, emphasizing the development of environments and experiences designed to produce enduring value.

Role Overview

The Director of City Asset Management plays a pivotal role in shaping how social assets within City Operations are prepared, maintained, and optimized. This leadership position is tasked with safeguarding the long-term value of city assets while ensuring exceptional service quality, operational efficiency, and commercial success across a diverse portfolio.

Key Responsibilities

• Lead management at the portfolio level for social assets to ensure their readiness, service excellence, lifecycle performance, commercialization, optimization, and realization of long-term value within City Operations.
• Steer asset lifecycle strategy and oversee portfolio performance management across city assets.
• Manage service quality assurance and handover readiness to facilitate smooth operational functioning.
• Convert operational requirements into specific stage gate criteria and preparedness inputs.
• Collaborate effectively with operators, facility management providers, and City Operations teams to harmonize asset management priorities.

Qualifications and Experience

• Possess a Bachelor’s degree in disciplines such as real estate development, finance, asset management, economics, or related areas.
• Minimum of 12 years of leadership experience in asset management, particularly within extensive city or infrastructure portfolios.
• Strong commercial acumen encompassing leasing strategies, partnership management, service charge administration, cost recovery, and value optimization.
• Practical expertise in asset lifecycle planning, service quality oversight, handover preparedness, and managing portfolio performance.
• Adept at translating operational requirements into defined stage gate conditions and readiness criteria.
• Proven ability to coordinate across multiple stakeholders including operators, facility management providers, and City Operations divisions.