Zain KSA CEO Sultan bin Abdulaziz Al-Deghaither Passes Away
The telecommunications industry mourns the loss of Sultan bin Abdulaziz Al-Deghaither, the CEO of Zain KSA, who passed away after leading the company through a transformative period.
Transformative Leadership
Al-Deghaither, who served as CEO for six years, successfully eliminated over SR2 billion in accumulated losses and tripled the company’s market capitalization during his tenure.
Tributes and Condolences
Zain KSA posted on social media mourning the loss of its CEO, expressing deep sorrow and sadness over his passing. The Saudi Tadawul Group Holding Co and KSA Huawei also expressed their condolences.
Legacy and Achievements
Al-Deghaither’s leadership saw Zain KSA ranked as the 13th most powerful brand in Saudi Arabia. He also played a key role in the success of Tamam Finance Co. Ltd in the fintech space.
Strategic Vision and Innovation
With a focus on innovation and technology, Al-Deghaither led Zain KSA’s transition to an integrated digital ecosystem, investing in technologies like cloud computing, 5G applications, IoT, AI, blockchain, and drones.
Advancing Women in Leadership
Al-Deghaither championed the empowerment of women in leadership roles within the company, strengthening their presence in the telecommunications sector.
Remembering a Visionary Leader
Sultan bin Abdulaziz Al-Deghaither leaves behind a legacy of innovation, transformation, and empowerment in the telecommunications industry, earning recognition as one of the best CEOs in the region.