Rakan Alhuthali is a seasoned and highly experienced executive specializing in governance, risk management, and internal audit functions within the investment management sector. With a proven track record of leadership in complex organizations, Rakan currently serves as the Group Chief Governance, Risk, and Compliance (GRC) Officer and Executive Director of Internal Audit at ROSHN, a leading Saudi real estate developer and a flagship Public Investment Fund company dedicated to transforming urban living in alignment with Saudi Vision 2030.
Strategic Leadership in Governance, Risk, and Compliance
Since joining ROSHN in November 2020, Rakan has been instrumental in establishing robust governance frameworks, risk management protocols, and compliance strategies across the organization. His leadership ensures that ROSHN operates with transparency, accountability, and resilience while effectively mitigating risks in line with regulatory and strategic objectives.
Prior to his current role, Rakan held the position of Head of GRC and Executive Director of Internal Audit for three years and contributed significantly to reinforcing internal audit functions, risk appetite frameworks, and continuous improvement processes.
Extensive Industry Experience
Rakan’s professional journey includes roles as Head of Internal Audit at SEDCO Capital and various senior internal audit positions at SEDCO Holding, where he developed expertise in financial management, corporate governance, and regulatory compliance. He began his career at Ernst & Young (EY) as an engagement auditor, progressing through associate auditor roles, honing his analytical and auditing skills in multifaceted environments.
Academic Excellence and Professional Credentials
Rakan earned a Master’s degree in Accounting and Auditing from Southern Illinois University, Carbondale, complementing this with a Bachelor’s degree in Accounting from جامعة الملك عبد العزيز. His strong academic foundations underpin a deep understanding of accounting principles, audit methodologies, and corporate governance best practices.
Core Competencies and Skills
His key skills encompass analytical thinking, people management, corporate governance, government relations, audit leadership, and risk evaluation. Rakan’s proficiency in these areas enables him to lead comprehensive internal review processes while fostering a culture of ethical operational excellence.
Industry Recognition and Impact
Under Rakan’s stewardship, ROSHN’s GRC practices have attained elevated standards, earning accolades such as the GRC Leader of the Year award. He is recognized for pioneering innovative governance approaches that underpin sustainable urban development and investor confidence.
Leadership Philosophy
Rakan Alhuthali believes that effective governance and risk management are the pillars that safeguard value creation and strategic success. His approach integrates meticulous oversight with proactive risk mitigation and embedding a culture of continuous compliance throughout the organization.
Leadership Quote
Good governance is not merely about compliance but about fostering trust, resilience, and sustainable growth through transparency and accountability.
Inspired Magazine proudly features Rakan Alhuthali as one of the Top 100 Inspiring Professionals, acknowledging his exemplary leadership in governance, risk management, and audit excellence that drives transformational impact at ROSHN and beyond.
