About Tadawul

Tadawul is the only stock exchange in the Kingdom of Saudi Arabia, listing more than 100 companies and providing services for investors, brokers and IPO prospects.

Web Content Viewer


Eng. Khalid Abdullah Al-Hussan

Chairman of the Board of Directors

Currently he is the Board Member and CEO of the Saudi Tadawul Group and Chairman of the Securities Depository Center Company (Edaa) and Securities Clearing Center Company (Muqassa) and Tadawul Advanced Solutions Company (WAMID). He has more than 13 years of capital market experience. His experience spans from business development and corporate planning to strategy and operations. Before being appointed as the Chief Executive Officer of Tadawul in March, 2016, and for the period of 10 years he assumed executive roles that covered cash markets, listings, operations and deposits as well as strategy and market data. He has sponsored key programs within Tadawul that covered the introduction of QFIs framework, introduction of Independent Custody Model and Tadawul’s inclusion in main international indices. He also sponsored the restructuring program of the Financial Infrastructure companies. Before Joining Tadawul, he worked in various sectors including the insurance sector, business management and product development, marketing, PMO, and strategy. He is also a member of the board of directors of the World Federation of Exchanges and the Arabic Federation of Exchanges. He obtained a Bachelor’s Degree in Engineering, in addition to an MBA from the University of Colorado in the United States of America in which he is also a certified entrepreneur.

Mr. Turki Ibrahim AlMalik

Vice Chairman of the Board of Directors

Mr. Almalik is the Deputy Chief Executive Officer and Chief Operating Officer of Sanabil Investments. He joined the company upon its establishment (by a Royal Decree) and initial capitalization of approximately $5.3 billion. Mr. Almalik oversaw the company’s incorporation, recruited its teams and built its investment infrastructure. Sanabil invests in private and public investments both globally and within Saudi Arabia and has achieved a strong track record that resulted in recently increasing its capital to $8.0 billion.

Mr. Almalik currently serves on the board of directors for the Gulf Investment Corporation, GIB Bank (UK) and Almana General Hospitals. Previously, he served during the first term of the Advisory Committee of the Capital Market Authority for Saudi Arabia.

From 2004 to 2009, Mr. Almalik led the Authorization Department of the Capital Market Authority of Saudi Arabia, which licensed over 100 Investment Companies to conduct investment businesses in Saudi Arabia. 

Prior to that, he worked for several multinational investment firms, including J.P. Morgan and Merrill Lynch at their headquarters in New York, where he implemented investment strategies and managed investment portfolios for institutional clients.

Mr. Almalik received his bachelor’s degree in finance with honors from King Saud University and subsequently completed executive leadership programs at the Harvard Business School, Stanford, Wharton and others.

Mr. Raed Ibrahim Al-Humaid

Member of the Board of Directors

Mr. Al-Humaid is currently a Board Member and the Chief Executive Officer of the Securities Depository Center Company (Edaa), in addition to being a member of the Board of Directors of Saudi Exchange Company and the Clearing Center Company (Muqassa). Mr. Al-Humaid has more than 20 years of experience during which he held many roles, responsibilities and leadership positions in the Capital Market Authority, the last of which was the position of the CMA Deputy for Market Institutions in 2018 where he reported directly to H.E. the Chairman of CMA, and he also supervised operations, business management and strategies for developing and drafting many Capital Market rules and regulations.

Mr. Al-Humaid holds a Bachelor’s degree in Industrial Engineering from King Saud University, and an MBA from the Hull University in the United Kingdom, Mr. Al-Humaid has multiple certifications in various fields.

Dr. Roland Bellegarde

Member of the Board of Directors

Dr. Bellegarde is currently the CEO Advisor at the Saudi Tadawul Group, He is a Board member of the Securities Depository Center Company (Edaa) and Securities Clearing Center Company (Muqassa), he was a member of the NYSE-Euronext management Committee from 2007 to 2014 as Group Executive Vice-President in charge of European Equities and Listings. His mandate extended to cover domestic and International Listings, Equity and Index derivatives, Index business development, structured products as well as market operations.

He acted as chairman of SmartPool (Block trading platform), Board member of LIFFE AM, Qatar Exchange, Clearnet SA as well as Interbosla (Portuguese CSD).

Dr. Bellegarde has a PhD degree in Treasury Finance Banking from De La Sorbonne University in France.

Mr. Fahad Mohammad Al-Deweesh

Member of the Board of Directors

Mr. Al-Deweesh has more than seventeen years of investment banking and private equity experience covering equity capital markets, debt capital markets, merger and acquisition, brokerage and custody.

Mr. Al-Deweesh is currently the CEO of JPMorgan Saudi Arabia company, previously he was serving as the head of investment banking at JPMorgan Saudi Arabia.

Prior to joining JPMorgan, Mr. Al-Deweesh has led debt capital market origination for Standard Chartered in Saudi Arabia as head of capital markets Before joining Standard Chartered, Mr. Al-Deweesh worked at Amwal Alkhaleej, a Saudi based problem equity firm where he identified acquisition targets, preformed restructuring, and planned exit strategy.

Mr. Al-Deweesh started his career at HSBC where he participated in a wide priority of equity advisory assignments including public offering private placement and rights issues for clients in retail consumer read estate and healthcare industry.

Mr. Al-Deweesh previously also served as an independent board member for a Osool Bakheet’s equity mutual funds.

Mr. Al-Deweesh holds a bachelor of science from the University of Southern California and Masters in finance from the University of Arizona, Mr. Al-Deweesh is a CFA charter holder.

Mr. Zaid Mohammad Al-Mufraih

Member of the Board of Directors

 Mr. Zaid Almufarih is the Chief Executive Officer of Albilad Capital, the innovative investment arm of Bank Albilad. In his capacity, Mr. Almufarih spearheads Albilad Capital growth and its presence within the investment community which led to receiving several recognitions and awards from highly regarded international organizations.

Mr. Zaid also played an instrumental role in transitioning Albilad Capital into an investment product innovation hub by successfully introducing and launching cutting-edge products across the Middle East & North Africa including "The 1st Sharia-compliant Sovereign Sukuk Exchange-Traded Funds (ETFs)" and "The 1st Sharia-compliant Gold Exchange-Traded Funds (ETFs)".

Prior to joining Albilad Capital, Mr. Zaid held various roles in Capital Market Authority, the most recent position was CMA Deputy for Listed Companies and Investment Products. He oversees several departments in driving various regulatory and developmental mandates. He has taken the lead in several key initiatives and projects, spanning the development of different regulatory frameworks and launch a number of specialized electronic platforms to support and promote capital market activities to provide world class regulatory services.

In addition, Mr. Zaid is a visionary leader and accomplished advisor with rich experience in championing strategic inputs and sound advice to drive transformative business and improve the financial position of an organization in a highly competitive market. He has extensive knowledge and proven expertise in all facets of Investment Banking, Wealth Management, Merger & Acquisition, Corporate Governance, Investment Products and Regulatory Compliance.

Mr. Zaid began his career with SAMA where he spent nearly four years before moving to the private sectors and built-on over 15 years of experience in the financial market across the regulatory and private sectors.

Mr. Zaid holds a Master of Art degree in Economics with concentration in Financial Economics from New York State University at Buffalo and Bachelor of Science in Business Administration and Information Science from Chubu University in Japan.

Mr. Wael Abdullah Al-Hazzani

Member of the Board of Directors

Mr. Al-Hazzani is the Chief Executive Office of the Securities Clearing Center Company (Muqassa) he is a Board member of the Securities Depository Center Company (Edaa) and Tadawul Advanced Solutions Company(WAMID), he carries a wealth knowledge in the capital market, risk management and clearing and settlement. Mr. Al-Hazzani has occupied many leading positions within Saudi Tadawul Group which includes heading the clearing and settlement function and Post Trade Transformation Program. Mr. Al-Hazzani holds an MBA -Minor in Finance and Bachelor degree in Computer Science from King Saud University in Saudi Arabia.