Strategy & Business Development Director (SBD001)

Foreground Consultancy; Jeddah; On-site; SAR 200,000 - 300,000; Full time

Job summary

A leading diversified holding group in Jeddah is seeking a Director of Business Development & Strategy. The role requires a sharp strategic mindset, at least 10 years of experience in corporate planning, and a background in Hajj/Umrah and hospitality. You will lead corporate initiatives, drive market expansion, and oversee strategic partnerships. The ideal candidate will have an MBA and proven success in multi-subsidiary management.

Qualifications

• Minimum 10+ years experience in strategy, business development, or corporate planning.
• At least 5 years in a leadership role.
• Prior experience in a holding company or diversified conglomerate within Saudi Arabia or the GCC.

Responsibilities

• Lead the development and implementation of corporate strategy.
• Drive negotiations for strategic partnerships, mergers, and acquisitions.
• Collaborate closely with subsidiary CEOs to align strategies.

Skills

Driving

Strategic Initiatives

Modeling

Strategic Partnerships

Intelligence

Acquisitions

Analysis

Strategic Thinking

Financial Modeling

Digital Transformation

New Business Opportunities

Investments

Customer Experience

Partnerships

Stakeholder Management

Decision-Making

BSC

Change Management

Continuous Improvement

Market Research

Economics

Strategy

Business Development

Negotiation

Administration

Research

Finance

Planning

Business

Leadership

Communication

Management

Education

Bachelors degree in business administration, economics, finance, or strategy

Masters degree (MBA or related field)

Job description

Overview

Foreground is partnering with a leading, diversified holding group headquartered in Saudi Arabia, operating across multiple sectors with a strong focus on Hajj, Umrah, and hospitality services in Makkah and Madinah. Our client is renowned for driving strategic growth and transformation across its portfolio of subsidiaries, playing a pivotal role in shaping the future of the region's service landscape.

About the Role

The Director of Business Development & Strategy will serve as a key member of the executive leadership team, reporting directly to the Group CEO. This role is responsible for defining, executing, and monitoring the overall strategic direction of the group and its subsidiaries. The successful candidate will combine a sharp strategic mindset with hands-on business development expertise, leading corporate transformation initiatives to ensure sustainable growth and operational alignment with the group vision.

Key Responsibilities

• Lead the development, implementation, and monitoring of the group's corporate strategy, in alignment with CEO and board directives.
• Translate the CEO's vision into actionable strategies and operational roadmaps for the holding group and subsidiaries.
• Oversee Balanced Scorecard (BSC) and KPI frameworks to track strategy execution and performance across the group.
• Identify strategic priorities, emerging market trends, and business risks, providing actionable insights and recommendations to the CEO.
• Identify, evaluate, and execute new business opportunities, partnerships, and investments to diversify revenue streams and enhance the group's portfolio.
• Lead market research, feasibility studies, and competitor analysis to support expansion initiatives across Saudi Arabia and the region.
• Drive negotiations for strategic partnerships, mergers, and acquisitions to strengthen the group's market position.
• Collaborate closely with subsidiary CEOs and leadership teams to align strategies and operational goals with the group's overarching objectives.
• Ensure subsidiaries have clear business plans, measurable KPIs, and strong governance frameworks.
• Act as the bridge between the CEO, executive leadership, and subsidiary boards, ensuring strategic alignment and transparent communication.
• Lead digital transformation initiatives across subsidiaries to improve efficiency and customer experience.
• Promote a culture of innovation and continuous improvement, ensuring the group remains competitive and future ready.
• Develop strategic dashboards and automated reporting systems to provide real-time performance tracking for the CEO and board.

Requirements

• Bachelors degree in business administration, economics, finance, or strategy.
• Masters degree (MBA or related field) highly preferred.
• Minimum 10+ years experience in strategy, business development, or corporate planning, with at least 5 years in a leadership role.
• Proven success in managing multi-subsidiary portfolios and driving large-scale strategic initiatives.
• Strong background in market expansion, partnerships, and investment analysis.
• Prior experience in a holding company or diversified conglomerate within Saudi Arabia or the GCC is an advantage.
• Experience in Hajj/Umrah and hospitality sectors is a strong plus.
• Advanced proficiency in strategic thinking, business acumen, decision-making, and change management.
• Expert-level capabilities in stakeholder management, M&A, financial modeling, BSC & KPI management, and market intelligence.
• Excellent communication, negotiation, and leadership skills.
• Cultural agility and the ability to operate effectively in a complex, multi-stakeholder environment.

Required Skills

• Driving
• Strategic Initiatives
• Modeling
• Strategic Partnerships
• Intelligence
• Acquisitions
• Analysis
• Strategic Thinking
• Financial Modeling
• Digital Transformation
• New Business Opportunities
• Investments
• Customer Experience
• Partnerships
• Stakeholder Management
• Decision-Making
• BSC
• Change Management
• Continuous Improvement
• Market Research
• Economics
• Strategy
• Business Development
• Negotiation
• Administration
• Research
• Finance
• Planning
• Business
• Leadership
• Communication
• Management