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Saudia Cargo Appoints Loay Mashabi as New CEO
Saudia Cargo, a prominent player in global air cargo and a member of the SkyTeam Cargo Alliance, has announced the appointment of Loay Mashabi as its new Chief Executive Officer effective January 1, 2025.
Dr.G.R.Balakrishnan Nov 09 2024 Logistics News (Roadways & Railways)

Saudia Cargo Appoints Loay Mashabi as New CEO

 Mashabi will succeed Teddy Zebitz as CEO, who has led Saudia Cargo to significant achievements, fostering innovation and solidifying the company’s market leadership. Zebitz will continue contributing to Saudia Cargo’s growth as a member of the Board of Directors.

“Under Teddy’s leadership, Saudia Cargo has achieved remarkable milestones and navigated complex challenges, all while upholding our commitment to performance and service excellence,” said Mr. Abdulkareem Abualnasr, Chairman of the Board at Saudia Cargo. “His vision has been pivotal in enhancing our capabilities and implementing our strategic objectives, and we extend our deepest gratitude for his invaluable contributions.”

Driving Change: Saudia Cargo’s Role In Digital Transformation and Sustainable Innovation in Air Cargo

Mashabi brings a wealth of experience in the transportation and logistics sector. Since joining Saudia Cargo as a board member in August 2021 and later as Managing Director in October 2023, he has demonstrated strong leadership in shaping the company’s strategic direction. His previous roles include Deputy Minister for Logistics Services at the Ministry of Transportation and Logistics Services, Deputy Governor for Planning and Development at the General Authority of Customs, and CEO of the inception phase of the Al Soudah destination project under the Public Investment Fund (PIF).

As CEO, Mashabi will lead Saudia Cargo’s growth initiatives, focusing on expanding its global network and contributing to Saudi Vision 2030’s logistics goals. The company aims to play a critical role in the Kingdom’s transformation by ensuring essential goods are transported efficiently and by offering solutions that empower businesses and industries.

Mashabi holds an Executive MBA from London Business School and a BSc in Petroleum Engineering from King Fahd University of Petroleum and Minerals