Ahmad Dhamen

Chief Operations Officer (COO) at KUWAIT RAWASI COMPANY
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Contact Information
Location
Kuwait, KW
Languages
  • English Full professional proficiency
  • Arabic Native or bilingual proficiency

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5.0

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/ Based on 4 ratings
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Ahmed Al Khatib,CFA,CMA

I have known Mr. Ahmad Foroughi for about ten years. I got to know him at the course for preparation of CFA exams. He was the best student in our class and was always one step ahead of all of us. I truly believe he is an excellent resource and would highly recommend him.

Halifa Rabiu

I have attended a conference with Ahmad in Dublin, he gave me loads of ideas and advices in my field of business. Ahmad is indeed a good manager.

Osamah Albannaw

I studies with Ahmed in KMBS and found him witty and smart with alot of ambition.

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Experience

    • Chief Operations Officer (COO)
      • Jul 2017 - Present

      * Manage operations to meet budget, business, and other strategic goals.* Develop and execute operating policies to support investment team objectives.* Coordinate legal due diligence, documentation reviews, and contract management.* Manage HR administrative process including employee benefits, recruiting, and policies.* Manage facilities infrastructure including office environment and administrative staff.* Establish/update financial management processes and infrastructure to enable scalability of operations.* Develop reporting process and communication policy for all stakeholders - external and internal.* Provide management oversight and guidance for both operations and investment teams.* Develop and write investment policy recommendations for the Board of Directors.* Participate actively in professional staff recruitment, training, development, and evaluation.* Oversee and refine performance measurement and risk management systems.* Advise on management and operational matters.* Evaluating new investment opportunities.

    • Kuwait
    • Food & Beverages
    • 1 - 100 Employee
    • Chief Operations Officer (COO)
      • Feb 2015 - Jul 2017

      Roles and Responsibilities:* Managing the engineering part of the project that includes the civil and electromechanical works of the building and machinery infrastructure; that includes design, co-ordenation between the engineering consultant and the execution contractor, and civil works performance.* Machinery designing, choosing, installation, and commissioning.* Adjacent services to the factory such as: air and nitrogen compressors, Diesel and Natural Gas supplies, and cooling rooms and stores.* Product development, and packaging design and execution.* Choosing the suitable suppliers for the raw materials, packing materials and service providers.* Information Technology setup that includes the ERP system, Van Sales system, and the communication network.* Business operations systems design and implementation. * Responsible for the development, design, operations, and improvement of the systems that create and deliver the firm's products.* Ensuring that business operations are efficient and effective and proper management of resources, distribution of goods and services to customers and analysis of queue systems is conducted.* The management of new business development strategy focused on vertical expansion of the group into other food industries, and horizontal expansion into other GCC markets.

    • Operations Manager
      • Apr 2010 - Feb 2015

      A. General Management & Human Resources:* Setting the organizational structure of the company and updating it as needed. (Kuwait)* Monitoring the staff performance by setting and evaluating SMART Key PerformanceIndicator. (Kuwait)* Analyzing all managerial reports for improving performance and maximizing theprofitability. (Kuwait)* Developing new professional procedures for better performance. (Kuwait)B. Operations and Strategic Management:* Improve operational systems, processes, and policies in support of organizationalmission and vision. (Kuwait & UAE)* Play a significant role in long term planning, including an initiative geared towardoperational excellence. (Kuwait & UAE)* Manage plant and machinery maintenance, and mange the total plant facility. (Kuwait)* Develop procurement, production, and sales forecasts inline with the corporate objectsand vision. (Kuwait)* Building a business case scenarios; identifying key drivers of growth, strategic analysis,and developing an action plan. (Kuwait)C. Sales:* Managing export sales and orders. (Kuwait)D. Production:* Monitoring daily production report for analyzing and problems solving. (Kuwait)* Monitoring the quality of the productions and overtime controlling byefficient planning. (Kuwait)E. Financials:* Production costing and unit costing. (Kuwait)* Working on projects feasibilities. (Kuwait)* Checking and analyzing the monthly P&L and assisting in yearly budgeting. (Kuwait)* Preparing and presenting monthly review to the CEO. (Kuwait)* Support better management reporting, information flow, business process, andorganizational planning. (Kuwait)* Oversee overall financial management, planning, systems, and controls. (Kuwait)* Development of yearly business budgets. (Kuwait)F. Supply Chain Management:* Managing raw materials purchasing. (Kuwait & UAE)* Improve supply chain, logistics, inventory, and warehouse management and process asper sales forecast. (Kuwait & UAE)

    • Kuwait
    • Government Administration
    • 700 & Above Employee
    • Team Leader Pharmacist
      • Oct 2003 - Apr 2010

      * Managing a governmental polyclinic pharmacy with 10 employees in the team.* Responsible for the supply chain of the medicines to the pharmacy.* Responsible for training new pharmacist.* Recommend and implement new solutions to develop the work in the polyclinic. * Managing a governmental polyclinic pharmacy with 10 employees in the team.* Responsible for the supply chain of the medicines to the pharmacy.* Responsible for training new pharmacist.* Recommend and implement new solutions to develop the work in the polyclinic.

Education

  • Maastricht School of Management
    Masters of Business and Administration (MBA), General and Strategic Management
    2006 - 2009
  • CFA Institute
    Pass CFA Level 1 exam, Finance
    2008 - 2008
  • Faculty of Pharmacy - Kuwait University
    Bachelor of Pharmacy (BPharm), Pharmacy
    1998 - 2003

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