Board Member of AlRaedah Finance
Mr. Paul Melotto, brings to AlRaedah Finance a track record of more than 20 years of financial industry success, locally and internationally. He most recently was the Chief Financial Officer of Deutsche Gulf Finance & founding member of the management team of one of the most successful Home Finance companies in the Kingdom of Saudi Arabia.
Prior to his post in Saudi Arabia, Mr. Melotto began his career with MortgageIT, which grew to a Top 10 Mortgage Company in the United States with over 56 branch offices with more than 3,000 employees and annual origination volume in excess of USD 30 billion annually. While at MortgageIT Mr. Melotto was an integral part of the management team that brought MortgageIT Holdings to a successful IPO in 2004 on the NYSE and subsequent sale of the Company to Deutsche Bank in 2007 at the time of sale, Mr. Melotto was the SVP of Finance.
Two years following the sale, Mr. Melotto held various positions at Deutsche Bank in the Global Residential Mortgage Backed Securities Group focused on the US, European and MENA regions.
He earned a Bachelor’s of Science Degree in Accounting from Quinnipiac University, Hamden Connecticut, USA.
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