RIYADH: AlUla Development Co., a Public Investment Fund company, has appointed John Pagano as managing director to lead the next phase of the company’s growth and advance its mission to develop exceptional assets that preserve and celebrate AlUla’s natural and cultural heritage.
Pagano brings decades of experience in large-scale destination development and regenerative tourism, including his ongoing role as group CEO of Red Sea Global, the company behind ambitious development ventures such as The Red Sea and Amaala.
He also serves as managing director and board member of King Abdullah Financial District, extending his leadership across landmark projects in the Kingdom.
AlUla Development Co., Red Sea Global, and King Abdullah Financial District are distinct portfolio companies of the Public Investment Fund.
Pagano succeeds Fabien Toscano, who led the company through its early growth phase, signing several landmark agreements with global partners and strengthening a pipeline of hospitality and residential developments that position AlUla as a world-class destination.
AlUla Development Co. thanks Toscano for his leadership during the foundational phase. The appointment of Pagano follows board approval and a structured leadership transition.
As managing director, Pagano will leverage his extensive experience in destination development to ensure continuity and strengthen the company’s role in advancing AlUla as a world-class place to visit, live in, and invest in.
