Turki Al-Yahya Named Ernst & Young Entrepreneur of the Year 2016 Award Finalist
Turki Al-Yahya Named Ernst & Young Entrepreneur of the Year 2016 Award Finalist
April 22, 2016 | 12:03 AM
Finalists and judging panel. — Courtesy photo
April 22, 2016 | 12:03 AM
Last Updated: April 22, 2016 | 12:03 AM
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Saleh Fareed
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Turki Al-Yahya[/caption]TURKI AL-YAHYA, founder and managing partner of global healthcare company (GHC), has been selected as the 2016 Ernst & Young Entrepreneur of the Year to represent Saudi Arabia in Monte Carlo in June. Al Yahya was selected by a panel of independent judges convened by Ernst & Young.
He received the award at the Ernst & Young ceremony held on Thursday in Jeddah with Dr. Tawfiq Al Rabiah, minister of commerce and Industry, in attendance along with a large number of leaders of the business community.
The awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities.
After an extensive process of evaluation, Al-Yahya was chosen as the winner by an independent panel of judges. The judging process was based on numerous criteria that included entrepreneurial spirit, financial performance, strategic direction, social impact and influence.
Al-Yahya was selected from a group of 8 finalists from 8 companies from various fields and they are: Sultan Batterjee, founder and CEO of IHCC, Mohammed Fitaihi, founder of Baby Fitaihi, Nawaf Al Shammari, chairman & president MBUZZ, Abdulrahman Alshetwey, founder of Innovative Solutions, Saeed Al Saeed, CEO of National Talents Company, Abdulmohasin Al Haqbani, chairman & MD of Fitness Time, and Yaser Bakur, founder & CEO of Talah Aljood.
The independent judging panel comprised: Ammar Shata, executive director & CEO of Alkhabeer, Saleh Malaikah, chairman of Alawwal Group, Hussain Shobokshi, member of the borad of Okaz Organization for Press and Publication, Anees Moumina, CEO of SEDCO, Lama Ghazzaoui, CEO/head of Finance Group NCB, Osama Al Sayed, chairman of Asyad Holding Group and Mohammed Yousef Naghi, chairman of board and CEO of Mohammed Yousef Naghi &Brothers Company.
Dr. Tawfiq Al Rabiah praised the organizers for holding such awards to encourage and support such local entrepreneurs.
He said: “I am very proud to attend this ceremony for the second year in a row. Entrepreneurship is increasingly taking centerstage as the most viable option for job creation, integration with the global economy and I believe that entrepreneurs make a difference in economy and community.”
Commenting on the award, Ahmed Reda, managing partner of EY in Jeddah, said: “We congratulate Turki Al Yahya on being named Saudi Arabia’s EY Entrepreneur of the Year 2016. Turki embodies true entrepreneurial spirit and is a great role model for any aspiring entrepreneur. He demonstrated an outstanding personal commitment to his/her business and stood out as an exceptional leader. Turki represents a new generation of Saudi trailblazers that represent the shift to technology and new thinking in business. We at EY are proud of this association.”
Turki will join the Entrepreneur of The Year award winners from over 50 countries at Monte Carlo in June 2016, where he will be inducted into the World Entrepreneur of the Year Academy and will vie for the World Entrepreneur of the Year award.
“I am honored to receive this prestigious award and want to recognize that it is result of the teamwork and entrepreneurial efforts of all of us at GHC,” said the winner of this year’s award Al- Yahya.
Al-Yahya started his journey with Whites to be the first chain of health and beauty shops in the Kingdom. He was selected by Forbes magazine to be one of the most innovative leaders in Saudi Arabia. Whites was also ranked first by Forbes magazine as the strongest successful brand in the Industry.
Al-Yahya holds a bachelor degree from American University of Sharjah with double major in finance and marketing.
Last year, the award was won by Lateefa Al-Waalan from Yatooq and Kaswara Al-Khatib, chairman and CEO of UTURN Entertainment, was the winner in 2014. The EOY program in 2008, which featured entrepreneurs from across the MENA region, was won by Sobhi Batterjee, president and CEO of Saudi German Hospitals Group. The same year, a new category, Emerging EOY, was added to the awards. It was won by Sheikha Nadia Aldossary, CEO and partner of Al Sale Eastern Company. Nadia was also the first women to become a finalist of the Middle East EOY awards.
The EOY program, which celebrates the success of entrepreneurs who build and lead successful, growing and dynamic businesses, is run in 150 cities across 60 countries. The awards recognize outstanding entrepreneurs for their vision, innovation, courage, and leadership in building and growing successful businesses - businesses that influence the way we live, the products and services we depend on, and the economic vibrancy of our local communities and global markets.
Turki Al-Yahya[/caption]TURKI AL-YAHYA, founder and managing partner of global healthcare company (GHC), has been selected as the 2016 Ernst & Young Entrepreneur of the Year to represent Saudi Arabia in Monte Carlo in June. Al Yahya was selected by a panel of independent judges convened by Ernst & Young.
He received the award at the Ernst & Young ceremony held on Thursday in Jeddah with Dr. Tawfiq Al Rabiah, minister of commerce and Industry, in attendance along with a large number of leaders of the business community.
The awards program recognizes entrepreneurs who demonstrate extraordinary success in the areas of innovation, financial performance and personal commitment to their businesses and communities.
After an extensive process of evaluation, Al-Yahya was chosen as the winner by an independent panel of judges. The judging process was based on numerous criteria that included entrepreneurial spirit, financial performance, strategic direction, social impact and influence.
Al-Yahya was selected from a group of 8 finalists from 8 companies from various fields and they are: Sultan Batterjee, founder and CEO of IHCC, Mohammed Fitaihi, founder of Baby Fitaihi, Nawaf Al Shammari, chairman & president MBUZZ, Abdulrahman Alshetwey, founder of Innovative Solutions, Saeed Al Saeed, CEO of National Talents Company, Abdulmohasin Al Haqbani, chairman & MD of Fitness Time, and Yaser Bakur, founder & CEO of Talah Aljood.
The independent judging panel comprised: Ammar Shata, executive director & CEO of Alkhabeer, Saleh Malaikah, chairman of Alawwal Group, Hussain Shobokshi, member of the borad of Okaz Organization for Press and Publication, Anees Moumina, CEO of SEDCO, Lama Ghazzaoui, CEO/head of Finance Group NCB, Osama Al Sayed, chairman of Asyad Holding Group and Mohammed Yousef Naghi, chairman of board and CEO of Mohammed Yousef Naghi &Brothers Company.
Dr. Tawfiq Al Rabiah praised the organizers for holding such awards to encourage and support such local entrepreneurs.
He said: “I am very proud to attend this ceremony for the second year in a row. Entrepreneurship is increasingly taking centerstage as the most viable option for job creation, integration with the global economy and I believe that entrepreneurs make a difference in economy and community.”
Commenting on the award, Ahmed Reda, managing partner of EY in Jeddah, said: “We congratulate Turki Al Yahya on being named Saudi Arabia’s EY Entrepreneur of the Year 2016. Turki embodies true entrepreneurial spirit and is a great role model for any aspiring entrepreneur. He demonstrated an outstanding personal commitment to his/her business and stood out as an exceptional leader. Turki represents a new generation of Saudi trailblazers that represent the shift to technology and new thinking in business. We at EY are proud of this association.”
Turki will join the Entrepreneur of The Year award winners from over 50 countries at Monte Carlo in June 2016, where he will be inducted into the World Entrepreneur of the Year Academy and will vie for the World Entrepreneur of the Year award.
“I am honored to receive this prestigious award and want to recognize that it is result of the teamwork and entrepreneurial efforts of all of us at GHC,” said the winner of this year’s award Al- Yahya.
Al-Yahya started his journey with Whites to be the first chain of health and beauty shops in the Kingdom. He was selected by Forbes magazine to be one of the most innovative leaders in Saudi Arabia. Whites was also ranked first by Forbes magazine as the strongest successful brand in the Industry.
Al-Yahya holds a bachelor degree from American University of Sharjah with double major in finance and marketing.
Last year, the award was won by Lateefa Al-Waalan from Yatooq and Kaswara Al-Khatib, chairman and CEO of UTURN Entertainment, was the winner in 2014. The EOY program in 2008, which featured entrepreneurs from across the MENA region, was won by Sobhi Batterjee, president and CEO of Saudi German Hospitals Group. The same year, a new category, Emerging EOY, was added to the awards. It was won by Sheikha Nadia Aldossary, CEO and partner of Al Sale Eastern Company. Nadia was also the first women to become a finalist of the Middle East EOY awards.
The EOY program, which celebrates the success of entrepreneurs who build and lead successful, growing and dynamic businesses, is run in 150 cities across 60 countries. The awards recognize outstanding entrepreneurs for their vision, innovation, courage, and leadership in building and growing successful businesses - businesses that influence the way we live, the products and services we depend on, and the economic vibrancy of our local communities and global markets.
