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Fares Awwad

Fares Awwad, Chief Financial Officer (CFO)



Professional Overview



Fares Awwad is an accomplished finance executive with extensive experience in the pharmaceutical and engineering industries. As the Chief Financial Officer (CFO) of NextgenID, he oversees the company's financial operations, strategic planning, and administrative functions. Leveraging his deep expertise in corporate finance, business development, and operational management, Fares plays a crucial role in driving the company's financial growth and success.

Experience Summary



Current Role



As the CFO of NextgenID, Fares is responsible for managing the company's financial strategies, budgeting, and reporting. He works closely with the executive team to align financial objectives with the organization's overall business goals, ensuring efficient resource allocation and maximizing profitability. Fares has been instrumental in implementing robust financial controls, streamlining operational processes, and enhancing the company's financial resilience.

Career Progression



Prior to his role at NextgenID, Fares held several leadership positions in the pharmaceutical and engineering sectors. He served as the Deputy Group CEO for Financial, Administrative, and Legal Affairs at Arab Center for Engineering Studies (ACES), where he oversaw the organization's financial operations and strategic decision-making. Fares also gained valuable experience as the CFO of West-Ward Pharmaceutical Corp., a division of Hikma Pharmaceuticals, where he was responsible for financial planning, reporting, and business development.

Throughout his career, Fares has demonstrated exceptional financial acumen and a track record of driving operational excellence. He has served on the boards of various organizations, including Sanadeeg and SLOWCOLOR, further enhancing his strategic perspective and industry knowledge.

Academic Background



Fares holds a strong academic background, having obtained his education from reputable institutions. He is a graduate of the prestigious Sovran Bank/D.C. National, where he honed his skills as a Credit Analyst.

Areas of Expertise



Fares Awwad's expertise spans the following key areas:

  • Corporate Finance: Proficient in financial planning, budgeting, forecasting, and reporting, with a focus on optimizing financial performance.

  • Strategic Management: Adept at aligning financial strategies with overall business objectives, driving organizational growth and profitability.

  • Operational Efficiency: Skilled in streamlining processes, implementing robust controls, and enhancing operational performance.

  • Business Development: Experienced in identifying and capitalizing on new growth opportunities, both organically and through strategic partnerships.

  • Leadership and Governance: Proven track record of effective leadership, board-level engagement, and commitment to upholding the highest standards of corporate governance.


Professional Impact



Throughout his career, Fares Awwad has made significant contributions to the organizations he has served. As the CFO of NextgenID, he has played a pivotal role in the company's financial transformation, driving cost optimization, and enhancing the overall financial health of the business. His strategic insights and innovative approaches have been instrumental in positioning NextgenID for continued growth and success.

Conclusion



Fares Awwad is a seasoned finance executive with a demonstrated ability to navigate complex business environments and drive sustainable financial performance. His diverse industry experience, coupled with his strong leadership skills and strategic vision, make him a valuable asset to NextgenID and the organizations he serves. Fares is committed to leveraging his expertise to unlock new opportunities and deliver lasting value for his stakeholders.