June 4, 2026
RIYADH, Saudi Arabia – June 2026: Saudi Venture Capital (SVC) has announced the appointment of Nora Alsarhan as its new Chief Executive Officer, following a Board of Directors resolution approved on June 3, 2026. She will officially assume her responsibilities on July 1, 2026.
The appointment forms part of a comprehensive leadership succession strategy developed by SVC’s Board of Directors, reflecting the organization’s commitment to long-term growth, governance excellence, and continued support for Saudi Arabia’s evolving private capital ecosystem.
A Strategic Leadership Transition
Nora Alsarhan brings extensive experience in private capital investment management and financial advisory services. Since joining SVC in June 2019, she has held several senior leadership positions and most recently served as Deputy CEO and Chief Investment Officer.
During her tenure, she played a central role in shaping the company’s strategic direction, leading investment activities, and overseeing key areas including governance, strategic planning, and organizational performance. Her appointment reflects the Board’s confidence in her ability to lead the organization through its next phase of growth.
Strong Academic and Professional Credentials
Alsarhan holds an MBA with honors from Alfaisal University and completed the Leadership Development Program at Harvard Business School. She is also a Kauffman Fellow and serves on multiple boards and investment committees across both public and private sector organizations.
Her combination of investment expertise, leadership experience, and governance knowledge positions her to further strengthen SVC’s impact within Saudi Arabia’s venture capital and private investment landscape.
Recognition for Dr. Nabeel Koshak’s Contributions
As part of the leadership transition, SVC’s Board expressed its appreciation to Dr. Nabeel Koshak for his significant contributions during his tenure as CEO since 2019.
Under his leadership, SVC successfully established its operational foundation, expanded its investment capabilities, and strengthened its position as a catalyst for Saudi Arabia’s private capital market. His efforts helped accelerate venture capital activity across the Kingdom and contributed to the development of a sustainable investment ecosystem.
The Board confirmed that Dr. Koshak will continue supporting the organization and remain a member of the Board of Directors.
Driving Growth in Saudi Arabia’s Venture Capital Ecosystem
Over the past several years, SVC has played a key role in advancing Saudi Arabia’s position as a leading regional hub for venture capital investment. The Kingdom maintained its status as the regional leader in venture capital investment for the third consecutive year in 2025, while total venture capital investments have grown significantly since 2018.
Today, SVC has invested in more than 65 investment funds spanning venture capital, private equity, venture debt, and private credit. Collectively, these funds have supported over 1,000 startups and small and medium-sized enterprises (SMEs), contributing to economic diversification and supporting the objectives of Saudi Arabia’s Vision 2030 strategy.
About Saudi Venture Capital
Saudi Venture Capital (SVC) is an investment company established in 2018 and operates as a subsidiary of SME Bank under the umbrella of the National Development Fund. The organization focuses on stimulating and sustaining financing for startups and SMEs, supporting businesses from pre-seed stages through pre-IPO growth via both fund investments and direct investment initiatives.
With a new CEO at the helm, SVC is expected to continue expanding its influence within the Kingdom’s private capital sector while supporting innovation, entrepreneurship, and long-term economic growth.
