Spouse(s) Shirine Aggad Alma mater Harvard University | Parents Omar Aggad | |
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Full Name Tarek Omar Abdul Fattah Aggad Occupation Chairman, CEO and 27% owner, Arab Palestinian Investment Company | ||
Tarek Omar Abdul Fattah Aggad (born 1971/72) is a Saudi businessman. He is an executive director of the Aggad Investment Company (AICO) - a Saudi diversified holding firm. Aggad sits on the board of directors of several manufacturing, distribution and services companies in Palestine, Jordan and Saudi Arabia. In 1994, the Arab Palestinian Investment Company (APIC) was founded by his father Omar Aggad. It is an investment company with nine subsidiaries in the fields of consumer goods, pharmaceuticals, cars, retail and construction materials and Tarek Aggad is the chairman, CEO, and owner of 27% of the company.
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Since its founding, APIC has become one of the largest operators in Palestine, employing over 1600 employees. Subsidiaries of APIC offer a wide array of products and services through distribution rights agreements with multinational companies that include Philip Morris, Procter & Gamble, Kellogg's, Hyundai, Chrysler, Dodge, Jeep, Alfa Romeo, Fiat, Fiat Professional, XL Energy, Abbott, B. Braun, Eli Lilly, GlaxoSmithKline, Sanofi Aventis and Nivea, among many others.
Early life
Aggad was born in Lebanon in 1971, the son of Omar Aggad, and grew up in Riyadh, Saudi Arabia where he attended local schools. He holds a bachelor's degree in Economics from Harvard University, US.
Career
Aggad serves as a director on a number of boards including Aggad Investment Company, Palestine Investment Fund, Palestine Power Generation Company, Palestine Electric Company, Bank of Palestine, King Hussein Cancer Foundation, King’s Academy as well as other companies in Palestine, Jordan, and Saudi Arabia.
In 2001, Aggad was named a Global Leader of Tomorrow (GLT) at the World Economic Forum in Davos. In 2006, President Mahmoud Abbas appointed Aggad as a director of the Palestine Investment Fund, the investment arm of the Palestinian people (PIF).
Personal life
He is married to Shirine Aggad, and they have four children.