Wesam Alhazmi

Chief Commercial Officer | C-Suite

Jeddah, Makkah, Saudi Arabia

About

Seasoned real estate investment executive with 24+ years of experience in Saudi Arabia’s commercial and retail property market. Specialized in asset management, portfolio strategy, and large-scale project operations, with a strong track record in maximizing occupancy, improving operational efficiency, and delivering long-term investment value. ➡️Certificates and Courses: ▫️Certified Shopping Center Manager (CSM) ▫️Six Sigma and Effective Tools for Work ▫️Property Management Certificate Program ▫️Balance Score Card ▫️Call Center and Help Desk Management ▫️Sales Executive Skills ➡️Projects: ▫️Souq7 ▫️Haifaa Mall ▫️Makkah Mall ▫️Al Salaam Mall ▫️Al Yasmin Mall ▫️Jouri Mall ▫️Jeddah Park ▫️Al Noor Mall ➡️Achievements: •Addressed and resolved operational challenges in the management of Souq7, a large-scale project spanning 700,000 square meters of land, with 400,000 square meters of gross leasable area and 3,000 units. •Delivered over 67,000 square meters of rental space to tenants within two weeks by achieving a 70% opening rate within 65 days. •Achieved 98% occupancy rate, with a waiting list comprising 75% of available space. •Recorded peak footfall averaging 40,000 visitors per day. ➡️For Contact: [email protected]

Experience

  • Chief Commercial Officer (CCO) at Jabal Omar Development Co.
    Oct 2025 - Present · 1 yr 2 mos

  • Real Estate Consultant at Confidential
    Jan 2025 - Oct 2025 · 10 mos

  • Head of Operations at Azad Properties
    Jun 2021 - Aug 2024 · 3 yrs 3 mos

    •Manage the planning, development, and implementation of comprehensive program strategies to ensure alignment with organizational objectives. •Conduct competitive analysis studies, maintain market surveillance, and evaluate new ventures by providing data-driven recommendations to guide investment decisions for program pursuits. •Lead process improvement initiatives, perform performance analyses, and implement strategies for cost reduction by driving operational efficiencies. •Develop and execute strategies to enhance spending efficiency and optimize resource allocation across the organization. •Oversee program budgets, including accurate forecasting, fund allocation, and expense monitoring to ensure financial stability and regulatory compliance. •Mentor and develop high-performing project managers and support staff by fostering a collaborative and productive work environment. •Establish and maintain strong relationships with key stakeholders, including partners, donors, and community leaders, to enhance program visibility and stakeholder support. •Evaluate program effectiveness through rigorous data analysis and stakeholder feedback by making necessary adjustments to optimize strategies and operations. •Ensure full compliance with relevant regulations, policies, and standards by proactively mitigating risks and addressing legal issues as they arise. •Spearhead innovative projects and initiatives that extend the program’s mission by driving organizational growth beyond traditional boundaries. •Negotiate and manage contracts and agreements with vendors, consultants, and external entities to secure essential resources and services for successful program execution.

  • Director - Mall Operation Management at Arabian Centres
    Feb 2018 - Jun 2021 · 3 yrs 5 mos

    •Directed the daily management of mall operations, including tenant relations, maintenance, and customer service, to enhance visitor experience and satisfaction. •Implemented operational policies and procedures that improved efficiency and reduced operational costs. •Oversaw the strategic planning and execution of mall operations to ensure alignment with organizational goals. •Guaranteed that comprehensive crisis and emergency plans were documented and effectively communicated to mall managers and relevant staff. •Established objectives, standards, and Key Performance Indicators (KPIs) for mall managers and supervisors to ensure adherence and evaluate performance in achieving goals. •Executed effective strategies and initiatives to continuously enhance energy and water efficiency. •Coordinated with various departments, including marketing, leasing, and security, to develop and execute initiatives that drove foot traffic and increased revenue. •Monitored financial performance and prepared comprehensive reports to ensure adherence to budgetary guidelines and identify growth opportunities. •Led a team of managers and staff by providing guidance, support, and performance evaluations to foster a high-performing organizational culture. •Developed and executed marketing strategies and promotional events that boosted mall visibility. •Ensured compliance with safety regulations and best practices by fostering a secure and welcoming environment for visitors and tenants alike.

  • Chief Asset Management Officer (CAMO) at Dar Al Arkan (DAAR)
    Dec 2015 - Jan 2018 · 2 yrs 2 mos

    •Developed strategic asset management plans to optimize the performance and value of the real estate portfolio. •Implemented risk management strategies to mitigate potential liabilities and protect the company’s assets. •Presented comprehensive reports to senior management and the board by outlining asset performance, strategic initiatives, and market conditions. •Collaborated with internal and external stakeholders, including investors, tenants, and service providers, to enhance tenant satisfaction and retention. •Negotiated lease agreements and contracts to ensure favorable terms and conditions for the company. •Executed financial modeling and forecasting to support strategic planning and investment proposals for new developments. •Assisted the Chief Executive Officer (CEO) in defining the company's values, mission, vision, and both short-term and long-term objectives. •Supported the Chief Executive Officer (CEO) in assessing and analyzing the company's relevance to the community, along with its effectiveness and outcomes. •Set leasing rates to ensure they were strategically aligned with market conditions to enhance asset performance. •Oversaw the development and implementation of property management policies and procedures to ensure effective operations and compliance with industry standards. •Determined optimal tenant mix for malls and showrooms to enhance customer experience and maximize revenue potential. •Formulated and executed capital expenditure budgets for property improvements.