Raed Yaghnam

Raed T.C. Yaghnam is an entrepreneur with over than 35 years of executive leadership and board-level experience across multiple industries and geographies. In April 2008, he founded Wasita Group (www.wasitagroup.com), where he served as its Vice Chairman and CEO. Following rapid growth and significant market penetration, WES was acquired by Renaissance Services SAOG in late 2010. The business was subsequently reacquired by Raed and Qatar First Bank in 2012, and in 2018 the group became fully owned by Raed and his family. Raed continues to serve as Chairman and Group CEO.

Wasita Group is a leading provider of total life support services, including logistics, facilities management, and industrial contractual catering, with operations across Jordan, Qatar, Saudi Arabia, Kuwait, UAE, and Iraq.

Through his investment vehicle, Raed has invested in several ventures including Wadi Araba Minerals L.L.C., Genome for Research and Development L.L.C., Family Office for Management Consultancy L.L.C., Industrial Rocks and Minerals L.L.C., SWP Holdings L.L.C.-FZ, Kidz Holding, Mammoth Investments L.L.C. and Kidzmondo, Ycrave Ventures L.L.C.-FZ.

Earlier in his career, Raed established Support Service and Catering L.L.C (SSC) in Abu Dhabi. SSC was a joint venture between Al Wasita for Support Services – Jordan and International Golden Group (IGG), where he served as Managing Director and Board Member until the company was acquired in early 2008.

Raed has also founded and led several successful private businesses in Jordan, including the Elite Group for Medical Equipment and Investments L.L.C. is a medical equipment sales and maintenance company. In addition, he has served on the Board of The Modern Flour Mills and Macaroni Factories, a producer of pasta, breakfast cereals, snacks, and wheat flour, and as Chairman for Medical Equipment andInvestments.

Raed currently serves on the boards of Wadi Araba Minerals L.L.C., Wasita for Support Services L.L.C. and Elite Group for Medical Equipment and Investments.

Raed T.C. Yaghnam holds a Bachelors of Science in Political Science, and a Bachelor of Arts in Business Administration from Kalamazoo College, Michigan, USA.