10 June, 2026 – Lenovo Group Limited (HKSE: 992) (ADR: LNVGY) today announced the appointment of Dr. Muhammad Nasser A Aldawood as a non-executive director of the company, joining Lenovo’s globally diverse group of directors on Lenovo’s Board. He is currently the Acting Chief Executive Officer at Alat, a company owned by Saudi Arabia’s Public Investment Fund (“PIF”).
“On behalf of the board and management of Lenovo, I am delighted to welcome Dr. Aldawood to the Group’s Board,” said Yuanqing Yang, Lenovo Chairman and CEO. “Dr. Aldawood brings deep expertise in global investment strategy and technology-driven business transformation, along with valuable leadership experience across diverse sectors. His insights will be instrumental as we continue our strong momentum.”
Lenovo’s strategic collaboration with Alat represents a pivotal step in Lenovo’s global manufacturing expansion and further expands the Group’s opportunity to capture growth opportunities in the Middle East and Africa (MEA) region. Following the completion of a US$2 billion investment (via three-year zero-coupon convertible bonds) in January 2025, the two companies are establishing a manufacturing facility in Saudi Arabia. This collaboration creates job opportunities in the MEA region and positions the future of the region as a center of innovation. Additionally, Lenovo has established a regional headquarters in Riyadh, Kingdom of Saudi Arabia in April 2026.
About Dr. Muhammad Nasser A Aldawood
Dr. Aldawood, aged 43, is currently the Acting Chief Executive Officer of Alat Technologies Company, a company owned by Saudi Arabia’s Public Investment Fund (“PIF”). He also serves as Head of the Industrials and Mining Section in the Middle East and North Africa Investments Division of PIF, where he oversees strategic investments across key industrial sectors.
Earlier in his career, Dr. Aldawood worked at Boston Consulting Group, Passport Capital, and Careem, where he gained experience across strategy, investment, and technology-driven businesses.
Dr. Aldawood currently serves as the chairman of the board of directors and executive committee of Qassim Cement Company; the chairman of the board of directors and executive committee, and a member of the nomination and remuneration committee of Arabian Drilling Company; and a member of the executive committee of Saudi Arabian Mining Company (Ma’aden), all of which are listed on the Saudi Stock Exchange (Tadawul).
Dr. Aldawood holds a Doctor of Philosophy and a Master’s degree in Management Science and Engineering from Stanford University in the USA, and a Bachelor’s degree in Electrical Engineering from King Saud University in the Kingdom of Saudia Arabia.
About Lenovo
Lenovo is a US$83 billion revenue global technology powerhouse, ranked #196 in the Fortune Global 500, and serving millions of customers every day in 180 markets. Guided by its vision of “Smarter Technology for All”, Lenovo is executing a Hybrid AI strategy that spans Personal AI – one personal AI, multiple devices; and Enterprise AI – helping customers turn data into insights and value. This strategy is delivered through the Group’s commitment to world-class innovation and a full-stack AI portfolio, including devices (PCs, workstations, smartphones, tablets, accessories), infrastructure solutions (server, storage, edge, high performance computing and software defined infrastructure), as well as software, solutions, and services. With a global footprint spanning 21 research and development locations in 11 markets, and a global supply chain including more than 30 manufacturing sites across 10 markets, Lenovo is widely recognized for its operational excellence, including ranking #8 in the Gartner Supply Chain Top 25. Lenovo is listed on the Hong Kong stock exchange under Lenovo Group Limited (HKSE: 992) (ADR: LNVGY). Learn more at www.lenovo.com and follow the latest news in our newsroom.
