Syed Kashif K. Haqqi turns state-owned health and water systems into bankable enterprises: corporatisation first, then concession, then capital.

The record behind that sentence: more than $1.2bn in exit and debt funding transactions, including a 25-year $300mn sale and leaseback with Welltower and the $215mn sale of Aspen Healthcare to Tenet; a private equity exit at over 2x; $600mn of projects delivered; and a $32bn health system corporatised into a holding company and 20 care-delivery groups.

He is the privatisation adviser at Saudi Arabia’s National Water Company, leading its concession programme under the National Water Strategy 2030: six regional water distribution and wastewater clusters moving from management contracts to long-term concessions, from business case to financial close, for a utility owned by the Public Investment Fund with a $40bn asset base serving 25mn people. He joined to make its finance function investable, designing an eight-initiative $160mn transformation portfolio and rebuilt budget cycle. Before water, he spent seven years at Saudi Arabia’s Ministry of Health leading the national health finance transformation: the purchaser-provider split, the national capital handbook, IPSAS adoption, and the corporatisation of a 5,000-facility system. Before that, he held CFO chairs at Aspen Healthcare in London and Fakeeh Care in Jeddah, and spent five years in private equity at Risk Capital Partners, from Harley Street to the Gulf.

His board and committee service spans the regional boards of Aspen Healthcare, reporting to the US global board; the audit, nomination and remuneration, and investment committees at Risk Capital Partners; the founding PPP committee and three steering committees at the Ministry of Health; the concession RFP technical committee at the National Water Company; and the $500mn Quantum Leap oversight committee at The London Clinic.

He writes for Forbes Middle East, Dawn, ACCA AB, and MedEdge MEA on the economics of Vision 2030, capital allocation and privatisation, and edits The Executive Dispatch, a briefing on governance and reform. He is a Fellow of ICAEW, ACCA, the Royal Society of Medicine, the Royal Society of Arts, and the Institute of Leadership and Management, and an assistant professor of health economics at Alfaisal University.

Boards engage him when reform must be delivered, not described.