Achieving a smoke-free future through innovation and technology.

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A PIF Company

public investment fund

The Public Investment Fund (“PIF”) has established the company Badael to develop, produce and distribute innovative new consumer products that aim to reduce smoking rates and encourage people to live a smoke-free life by offering tobacco-free alternatives. PIF’s investment will help address the significant impact that smoking currently has on the health of the Saudi population and contribute to help nearly one million people locally switch from smoking by 2032. In addition, the initiative also supports local manufacturing capabilities and generates employment opportunities, all while upholding the highest standards of quality and ethical conduct. PIF's commitment to this innovative approach demonstrates its dedication to improving the well-being of individuals and society as a whole.

Revolutionizing tobacco consumption habits

Saudi Arabia currently hosts an estimated three million smokers, or over 11.6% of the population. This can lead to a variety of health issues, including lung cancer, respiratory infections, and heart disease. Despite efforts to reduce tobacco use, the prevalence of smoking remains high, prompting new initiatives like Badael to promote tobacco-free alternatives to traditional smoking. By addressing this critical public health issue, we can work towards an improved quality of life and healthier lifestyles across the nation.

The future we envision

Badael envisions a future where smoking behavior is changed through the provision of reduced-risk alternatives with minimal potential for abuse, while promoting a smoke-free agenda. Badael aims to establish a strong foothold in Saudi Arabia and become a global leader in tobacco-free alternatives. The initiative is aligned with PIF’s strategy to develop the Saudi healthcare sector by unlocking the sector’s capabilities along the value chain – driving innovation, tech transfer and local expertise while prioritizing public health and safety.

Meet our leadership team

Tolga Sezer

CEO

Tolga Sezer

Badael is led by seasoned industry leader Tolga Sezer, Mr. Sezer has extensive experience in the consumer goods industry across Middle East & North Africa, Eastern Europe, and Central Asia, and is well known for his ability to drive growth and innovation in highly competitive markets. Before joining Badael, Mr. Sezer held several CEO positions at global and regional organizations such as Al Safi Danone, Masafi and Aujan Coca-Cola Beverages Company. In his most recent role he was the CEO of Solico Group, a leading regional powerhouse operating in multiple consumer goods categories. During his stellar career, he successfully rallied large regional organizations and managed P&L’s exceeding $1 Billion in revenue.

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