AIRashoud assumed his current position in 2012. BLOMINVEST Saudi Arabia was incorporated in 2008 by BLOMINVEST Bank, the investment banking arm of BLOM Group and prominent Saudi investors. It had $4 billion in assets under management as of Q3 2024. In February 2025, the BLOM Catering Fund acquired a 48% stake in the catering company Arabian Gannas Company, aiming to list the company on the Saudi Exchange. AlRashoud was previously the founder and CEO of the Tabarak Investment Company.