RIYADH – June 3, 2026 – Saudi Venture Capital (SVC) has officially announced the appointment of Ms. Nora Alsarhan as its new Chief Executive Officer, following a resolution issued by the Board of Directors during its meeting on June 3, 2026. Ms. Alsarhan will formally assume her leadership responsibilities effective July 1, 2026.
The appointment comes as part of a structured leadership succession plan developed and overseen by the SVC Board of Directors. This transition aims to ensure institutional continuity while reinforcing SVC’s expanding role within the Kingdom’s rapidly growing private capital ecosystem.
Proven Track Record in Private Capital
Ms. Nora Alsarhan brings extensive expertise in private capital investment management and financial advisory services. Since joining SVC in June 2019, she has held several key leadership positions, serving most recently as Deputy CEO and Chief Investment Officer (CIO).
In her previous roles, Ms. Alsarhan played a pivotal role in:
- Shaping the company’s long-term corporate strategy.
- Leading its comprehensive investment agenda.
- Overseeing strategic planning, corporate governance, and institutional performance.
She holds an MBA with honors from Alfaisal University and completed the Leadership Development Program at Harvard Business School. Additionally, she is a recognized Kauffman Fellow and serves on multiple boards and investment committees across both public and private sector entities in the Kingdom.
Tribute to Dr. Nabeel Koshak’s Legacy
The Board of Directors expressed its deepest gratitude and appreciation to His Excellency Dr. Nabeel Koshak for his outstanding leadership and contributions since taking the helm in 2019. Dr. Koshak played a fundamental role in establishing SVC’s operational foundations, building institutional capabilities, and cementing its status as a critical market maker.
Under his tenure, SVC witnessed historic growth in investment activity, anchoring Saudi Arabia as a regional venture capital powerhouse. Crucially, Dr. Koshak prioritized institutional sustainability by developing the executive succession plan that culminated in this appointment. The Board confirmed that Dr. Koshak will continue to support the company’s strategic journey, retaining his seat on the Board of Directors.
SVC’s Market Impact
As a leading investment institution in Saudi Arabia, SVC’s deliberate strategy successfully positioned the Kingdom as the top regional market for venture capital investment for the third consecutive year in 2025.
Key Institutional Milestones:
- Driven a 26-fold growth in Saudi venture capital investment since 2018.
- Invested in more than 65 funds spanning venture capital, private equity, venture debt, and private credit.
- Supported over 1,000 startups and SMEs through these fund investments, advancing economic diversification under Saudi Vision 2030.
