Hassana Investment Company

A true success is to insight achievements on the whole society

CEO Message

Dear Colleagues,

Today we are witnessing a new chapter with the unification of social insurance protection in the Kingdom of Saudi Arabia under one organization with the merging of two venerable institutions: the Public Pension Agency (PPA) and the General Organization for Social Insurance (GOSI).

The two institutions have succeeded in their strategic transformations together, and their efforts have contributed to attaining substantial achievements that have made efficiency and quality of client service a major hallmark of both. The two institutions have also succeeded in establishing two investment management companies, each built around a highly professional team, as recognized by many of our external partners, and which have contributed to achieving substantial returns.

Dear Colleagues,

Today we are witnessing a new chapter with the unification of social insurance protection in the Kingdom of Saudi Arabia under one organization with the merging of two venerable institutions: the Public Pension Agency (PPA) and the General Organization for Social Insurance (GOSI).

The two institutions have succeeded in their strategic transformations together, and their efforts have contributed to attaining substantial achievements that have made efficiency and quality of client service a major hallmark of both. The two institutions have also succeeded in establishing two investment management companies, each built around a highly professional team, as recognized by many of our external partners, and which have contributed to achieving substantial returns.

Today’s decision to merge PPA and GOSI brings together two institutions with total investments exceeding one trillion Saudi Riyals, and will — God willing – further leverage the synergies between the two institutions and two investment companies, benefiting from the common expertise and skills and aligning our joint institutional investment efforts to achieve the organization’s objectives.

Over the coming weeks, we will work with the organization’s Transformation Office to prepare the necessary plans to restructure both investment arms to meet the needs arising from the merger of the two institutions. We will update you on any developments in this regard once these are approved in due course.

Dear colleagues: we also take this opportunity to assure you of our continued commitment to preserve our most important asset, which is you. We also assure you that we are committed to protect all benefits that our employees have gained so far and to continue to create promising opportunities for a bright future.
In conclusion, I would like to thank you all for your contributions and urge you to keep making your best efforts to continue our journey of success, while wishing you all a promising future, God willing.

Saad Abdulmohsen Alfadly
Chief Executive Officer