The 10 Most Innovative CEOs Revamping the Future 2021
The thought, what makes leaders different from others, often strikes our mind. It is most certainly their quality of making people feel invaluable, not settling for mediocrity, isolating themselves from the herd, challenging the status quo, and building team spirit. It is their journey from the inception of the idea to making it a reality that defines them. And, when we talk about innovative leaders, they like to deliver more than expected.
Innovative leaders are the ones who are well aware that great results come from lot of strategic planning, sufficient preparation, and diligent execution. They cast a shadow over their weakness by playing with their strengths. They diligently grab the opportunities, make them count, and maximize the chances of success. They are conscious of playing their role to the best of their capabilities and making the most of the opportunities in their hand. Their innovativeness helps them to revamp the future in a creative way. They are conscious of serving their customers by leveraging the potential of technology.
You can find all the above-mentioned traits in Mr. Mazin Ahmed Al Ghunaim. Al Ghunaim is a renowned name in the mortgage industry in Saudi Arabia. Currently, he is serving as the CEO of Saudi-based Bidaya Home Finance. His leadership capability is bringing more than 25 years of professional experience in financial services to facilitate operations, maximize revenue and productivity, and ensure strong future growth. He has worked in leading banks and financial institutions such as Saudi Investment Bank, Arab National Bank, and Abu Dhabi Islamic Bank. He is a Retail Banker with wide experience in products development, process improvements, customer service, and portfolio management covering Personal Loans, Auto finance, and Mortgage. Moreover, Al Ghunaim comes with an excellent record of achievements in building as well as managing large business portfolios locally, regionally, and internationally.
We at Insights Success, caught up with Al Ghunaim to shed light on his entrepreneurial journey, his viewpoint towards the finance industry, and his contribution to the same through Bidaya.
Delivering Something Revolutionary to Mortgage Market
The journey of Bidaya began in 2015. Bidaya was set up with a vision to enabling homeownership for all. As a startup, Al Ghunaim mentions the challenges were multi-fold. Amongst the first things was finding the right team and with that, in place, it was about building a strategy that could be executed.
Al Ghunaim recalls the founders of Bidaya saying to him that they need to have 50 branches across the kingdom to get going, and he paused and questioned “How about having no branches and we build a digital platform to serve our customers leveraging technology.” That was the starting point. Al Ghunaim was confident that with a young dynamic team and given his retail experience in leading banks across the region, they will be able to deliver something revolutionary to the mortgage market.