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The late Sheikh Ahmed
Ashmawi established SAM in 1947. The founder was born in 1900 and passed away in
1960 in Jeddah. He was considered by many to be one of the leading Saudi
pioneers who participated in the development of the Saudi economy. He was, God
rests his soul, an intelligent and determined person, visionary for his time.
His interpersonal communication skills encouraged foreign firms to come to Saudi
Arabia. He was known for his genuine affection and his patriotism. Also, he was
known for his good upbringing and manners all his life. His friends and
colleagues from all walks of life reciprocated with their respects friendship.
In 1960 after Sheikh Ahmed passed away,
the Shareholders decided to elect his eldest son Sheikh Mohamed
Ahmed Ashmawi, to be Chairman of the Company. He took
responsibility of the Company after completing his education in
England with his late brother Sheikh Issam Ahmed Ashmawi (God
rest his soul) continuing his father’s legacy. Sheikh Mohamed
applied the business concepts, that he had learnt.
Sheikh Mohamed expanded and arranged partnerships and
sponsorships with major global companies to provide necessary
goods and services to Saudi Arabia during the country’s
development. In the wake of SAM’s expansion, the Chairman
established more regional and local branches most notably Riyadh
and Alkhobar to facilitate the Company’s growth in those
provinces. Under the Chairman’s careful leadership the Company
enjoyed growth year after year. Still not satisfied, the
Chairman furthered this successful growth to a newer and higher
level. |
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