Taha Nazer takes over as Acting CEO of Cruise Saudi, a PIF-owned company

Taha Nazer elevated as Acting CEO of Cruise Saudi, Strengthening Financial Leadership

Kavya Pillai
By
Kavya Pillai
Kavya Pillai is a subeditor and journalist at StrongYes Media, covering UAE HR news, corporate leadership movements, and the region’s leadership pulse. Trusted to run a...
2 Min Read

Taha Nazer has been elevated to Acting Chief Executive Officer at Cruise Saudi, marking a leadership transition that underscores the organisation’s continued focus on financial discipline, operational scale, and long-term growth.

He steps into the role after serving as Chief Financial Officer since April 2023, where he led finance and procurement functions while shaping financial strategy, risk management frameworks, and investment planning across the business.

Strong financial leadership background supports elevation

Nazer built strong financial systems and improved reporting standards. He also strengthened cash flow management and enhanced procurement efficiency. As a result, the company improved cost control and operational stability.

He brings over 16 years of experience in finance, governance, and risk management. In addition, he has deep expertise in financial planning, IFRS reporting, and treasury operations. This background supports his transition into a broader leadership role.

Experience across major institutions

Before joining Cruise Saudi, Nazer held senior roles at Saudi Aramco and Saudi Ground Services. He managed large teams and handled complex financial operations.

Moreover, he led finance transformation programmes and supported digital adoption. He also worked closely with investors and regulators, ensuring strong compliance and transparency.

Strategic role in Saudi Arabia’s tourism ambitions

Cruise Saudi plays a key role in developing the Kingdom’s cruise tourism sector. It operates under the Public Investment Fund, which drives economic diversification.

Now, as Acting CEO, Nazer will focus on execution and partnerships. At the same time, he will continue to build scale across the cruise ecosystem and support long-term growth plans.

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