Management Team
Find out more about the experienced management team leading our subsidiaries as the capital market evolves according to the latest trends.
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Mrs. Sarah Al-Suhaimi Chairperson of the Board of Directors
Mrs. Sarah Al-Suhaimi is the Chairperson of the Saudi Tadawul Holding Group Board of Directors, which is considered the largest exchange in the Middle East. In her capacity, Mrs. AlSuhaimi spearheads Tadawul’ s efforts to integrate the Saudi capital market with global peers by way of aligning the platforms operations and governing regulations.
Mrs. AlSuhaimi is also the Chairperson of Lazard Ltd. in Saudi Arabia, the Middle East and North Africa, and a Board Member at the General Authority of Statistics, the Saudi Telecom Company, the Saudi Arabian Airlines Public Agency, the Cultural Development Fund, and the Regional Voluntary Carbon Market Company. In addition, Mrs. AlSuhaimi is a trustee of the International Financial Reporting Standards Foundation and a We-Fi Leadership Champion.
Mrs. Al-Suhaimi served as the CEO of Saudi National Bank Capital (SNB Capital) from 2014 to 2021 and was a member of the Board of Directors. During her tenure, AUMs grew by over four times, NCBC's brokerage market share increased by more than 10% and the bank executed multiple large investment banking mandates earning league table status in DCM and M&A.
Mrs. AlSuhaimi served a two-year term as Vice-Chairperson of the Advisory Committee of the Capital Market Authority (CMA) Board of Directors from 2013 to 2015.
Prior to that, Mrs. AlSuhaimi led the asset and wealth management division at Jadwa Investment Company, where she was also the Chief Investment Officer from 2007 to 2014, and a member of the firms’ Management Committee. Mrs. AlSuhaimi started her career within asset management at Samba Capital.
Mrs. AlSuhaimi holds a Bachelor’s degree in Accounting with Honors from King Saud University, and completed the General Management program in Harvard Business School.
Memberships in Board Committees: Chairperson of the Investment Committee. -
Mr. Yazeed Abdulrahman Ibrahim Al Humaid Vice-Chairman of the Board of Directors.
Mr. Al-Humaid is the Deputy Governor and the Head of MENA Investments at the Public Investment Fund (PIF), where his responsibilities include managing two key investment pools: Saudi Equity Holdings and Saudi Sector Development with a significant number of key assets under management.
His responsibilities also include attracting international strategic partners and other entities to Saudi Arabia – both for investing as well as to localize cutting edge technologies – thus enabling PIF to effectively execute its role as a driver of the Kingdom’s economy.
Mr. Al-Humaid joined PIF in 2015 as an Advisor to His Excellency the Governor of PIF - to contribute to the restructuring of the organization as well as for crafting its strategy - post its reallocation to Council of Economic and Development Affairs (CEDA). In 2016, he was appointed as the Chief of Staff while retaining his advisory post. As Chief of Staff, he was responsible for a number of outstanding achievements and accomplishments that included contributing to the development of the PIF updated strategy and business plan; managing PIF investment projects from inception to becoming established companies; developing a comprehensive governance model for PIF portfolio companies along with establishing the foundations and mechanisms for representations in the Boards of Directors of PIF portfolio companies, developing several international strategic partnerships, and enhancing PIF relations to become an enabler to other local entities.
In addition to his tenure at PIF, Mr. Al-Humaid’s career spans in excess of 18 years of extensive and valuable experience in both financial and management fields; working in a leading international company Price Waterhouse Coopers as well as the House of National Consulting from 2004 to 2008 - thereafter joining the Capital Market Authority (CMA) until 2015. During this period, he headed the Mergers and Acquisitions team and was exposed to leading international investment practices as he also got seconded to work at the Malaysian Securities Commission and the regulatory body of mergers and acquisitions in the United Kingdom. He also served as Advisor to H.E. the Chairman of CMA, enabling him to develop a comprehensive understanding of CMA and its practices.
It is also notable to mention that Mr. Yazeed Al-Humaid’s contributions within PIF extend beyond his executive roles by virtue of his various memberships in permanent committees of PIF such as the Management Committee, the Portfolio Companies Nomination Committee, Management Investment Committee, Management Risk Committee and the Management Liquidity Committee. His contributions also extend beyond the organizational boundaries of PIF with appointments such as the Chairman of the National Security Services Company, Vice Chairman for the Saudi National Bank, the Saudi Tadawul Holding Group, Saudi Telecom Company (STC), and Saudi Egyptian Investment Company and memberships in Boards of Directors of several companies such as Saudi Arabian Airlines, Civil Aviation Holding, Richard Attias & Associates and Flyadeal in addition to also being a member in several sub-committees of the aforementioned Boards of Directors.
Mr. Yazeed Al-Humaid holds a Bachelor’s degree in Accounting from the King Saud University, along with being certified in executive management programs of several top tier international academic institutions such as the London Business School.
Memberships in Board Committees: Member of the Investment Committee. -
Eng. Khalid Abdullah Alhussan Member of the Board of Directors
Eng. Khalid Abdullah Alhussan is a Board member and the Chief Executive Officer of Saudi Tadawul Group. He also serves as the Chairman of the Saudi Exchange, the Securities Depository Center Company (Edaa), the Securities Clearing Center Company (Muqassa), Wamid, an applied technology services business and the innovation arm of Saudi Tadawul Group. Additionally, Al Hussan is a board member in the World Federation of Exchanges (WFE) and Tadawul Real Estate Company, and E-Finance for Digital and Financial Investments (S.A.E).
Alhussan has more than 16 years of capital market and financial sector experience and possesses a wide range of expertise from business development and corporate planning to strategy and operations. Preceding his appointment as CEO of the Group, Eng. Khalid was the CEO of The Saudi Stock Exchange (Tadawul) - now known as the Saudi Exchange - for more than 5 years.
Throughout his tenure at the Exchange, Khalid has overseen the introduction and implementation of several key development programs, including the Qualified Foreign Investor (QFI) framework, the inclusion of Tadawul in the emerging markets’ indices, the launch of Nomu and the derivative markets, the development of the fixed income market and the record-setting IPO of Saudi Aramco. Notably and most recently, led the transformation into the Saudi Tadawul Group.
Prior to joining the Exchange, Eng. Khalid worked in the insurance sector, managing areas of business product development and strategy.
Khalid is an engineer and holds an MBA from the University of Colorado, where he is also a certified entrepreneur.
Memberships in Board Committees: Member of the Investment Committee, Member of the Governance, Risk and Compliance Committee
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Mr. Sabty Sulaiman Al-Sabty Member of the Board of Directors
Mr. Sabty Al-Sabty is the previous CEO of Riyadh Capital, an investment bank that works in all areas and activities of financial markets. Mr. Sabty Al-Sabty is also a board member in: Zakat, Tax and Customs Authority, General Authority for Awqaf, Saudi Tadawul Group, Fund of Funds Company “Jada”, Saudi Venture Capital Company, SNB Capital
He started his career with (PwC), and previously worked as Head of the Listed Companies and Investment Products Deputy at the Capital Market Authority, where he assumed responsibility for overseeing six different departments in the Authority, performing many organizational and development tasks in the following areas: public and private securities offering, mergers and acquisitions, investment product development, asset management, disclosure and corporate governance of listed companies.
He obtained a Bachelor’s Degree in Accounting from King Saud University, and a Master’s Degree in Business Administration from Colorado Technical University, and also obtained a Certified Public Accountant’s Certificate from the Saudi Organization for Certified Public Accountants (SOCPA) and American Institute of Certified Public Accountants Certificate (CPA).Memberships in Board Committees: Member of the Investment Committee
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Ms. Rania Mahmoud Nashar Member of the Board of Directors
Ms. Rania Nashar joined the Public Investment Fund (PIF) as a Senior Advisor to the Governor in February 2021, where she advises His Excellency Yasir Al-Rumayyan, Governor of PIF, in areas of Business and Governance, drawing on more than 20 years of professional experience in the banking industry. In addition, she is the Head of Compliance & Governance at the Public Investment Fund and the Chairman of the Regional Voluntary Carbon Market Company.
Prior to joining PIF, Ms. Nashar served as the CEO of Samba Financial Group (SFG), making her the first Saudi woman to lead a major banking group in the Kingdom of Saudi Arabia. She first joined SFG in 1997 at the start of her banking career, where she served in various positions across different divisions of the Group and played a pivotal role in bringing vital changes and developments to SFG’s business sectors.
Ms. Nashar also holds various other leadership and advisory positions. During her time at SFG, she served as Vice Chair of the Samba Capital Board and as a Board member of Samba Bank Limited in Pakistan, Samba Global Markets Limited. She also served as a board member at Institute of International Finance “IIF” in USA.
In March 2019, the Board of the Capital Market Authority of Saudi Arabia (CMA) appointed Ms. Nashar as Vice Chair of the CMA Advisory Committee. Ms. Nashar also serves as Board member of STC, the Saudi Stock Exchange, the National Center for Performance Measurement, Saudi Space Commission and Saudi Polo Federation. Also, she chairs the Audit Committee at FII.
Some of Ms. Nashar’s other major achievements throughout her career include becoming the first Saudi women to lead the audit and risk review functions for all business and operations areas at SFG, including investment business, corporate and individual banking, and risk management. She is also the first woman in the GCC financial sector to lead a compliance group and first Saudi woman to be named a certified anti-money laundering specialist by the Association of Certified Anti-Money Laundering Specialists (ACAMS) in the USA. During KSA G20 Presidency Rania chaired the B20 Women in Business Action Council and G20 EMPOWER Alliance. Currently, she is serving as a Co-Chair in Action Council for B20 Women in Business.
Ms. Nashar holds a Bachelor’s degree with Honours in computer science and technology from Kind Saud University. She has been recognized by Forbes on multiple occasions for her professional achievements, being named among the Top 100 Powerful Women in the World in 2018, 2019 and 2020.
Memberships in Board Committees: Chairperson of the Governance, Risk and Compliance Committee -
Mr. Mark Makepeace Member of the Board of Directors
Mr. Mark Makepeace is the CEO of Wilshire Company and as a result, he became a director in a number of Wilshire subsidiaries. He is also a Board member in the Singapore Stock Exchange and Tadawul Advanced Solutions Company (WAMID) and Singapore Stock Exchange. He is also an advisor to Hang Seng Bank in Hong Kong. Previously he was the Non-Executive Chairman of Information Services at the London Stock Exchanges Group (LSEG), and UNICEF Vice President in the UK since 2011.
Mr. Makepeace started his career in the financial services field in 1985 after joining the London Stock Exchange and worked during this period to develop the stock market’s business in the field of information technology and services.
He also led the securities organization in the United Kingdom and participated in establishing the first international stock market across borders in Europe. He was the founder, CEO and Chairman of Information Services in FTSE Russell. He also has experience of more than 20 years in developing successful joint ventures, and has succeeded in establishing alliances with stock exchanges, academics and leading industrial groups all over the world. He has founded large companies in Asia, Europe, the Middle East, Africa and the Americas, and was also the first Chairman and Founding Member of the Index Industry.
Memberships in Board Committee: Member of the Nominations and Remunerations Committee -
Mr. Hashem Othman Al-Hekail Member of the Board of Directors
Mr. Al-Hekail is now the chairperson of the Boa Technology Company Board of Directors and a Board member of Saudi Housing Security Company and a Board member and Chairperson of Audit Committee at Derayah Financial.
Mr. Hashem Al-Hekail has previously worked as Deputy Governor of the Saudi Central Bank (SAMA) for developing the financial sector and national initiatives, and he also cofounded Derayah Financial, and has worked as a co-CEO responsible for operations and technology.
He has more than 30 years of experience in the field of technology, analysis, system design, and engineering work procedures and investment accounts. He began his career in 1983 as an auditor at SAMA; after holding several positions there including Government Accounts Manager and Information Technology Manager. He then moved to SNB, where he supervised systems development projects in addition to supporting and maintaining existing systems. He then co-founded Derayah Financial and thereafter returned to SAMA.
He obtained a Bachelor’s Degree in Social Services from King Saud University in 1981, and a professional Diploma in Financial Supervision from the Institute of Public Administration in 1983. He has also participated in technical and management training programs at various institutions, including Harvard University and the Massachusetts Institute of Technology.
Memberships in Board Committee: Member of the Audit Committee
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MR. XAVIER R. ROLET Member of the Board of Directors
Mr. Xavier Rolet is currently Chairman and CEO of NYSElisted World Quantum Growth Acquisition Corporation, Chairman of the Board of Shore Capital Markets, Chairman of the Remuneration Committee, Board Member of Seplat Energy, Board Member of Golden Falcon Acquisition Corporation and Tadawul Advanced Solutions Company (WAMID) and Senior Advisor to Towerbrook Capital Partners LLP.
He is also an External Director for Portfolio Companies at the Public Investment Fund (PIF). He was previously Chairman of the Board of Phosgaro PJSC, the CEO of CQS (UK) LLP, and the CEO of the London Stock Exchange Group (LSEG) from 2009 until 2017 during which time its market capitalization increased from USD 1.2 Bn to USD 21 Bn. Prior to that, he worked for Lehman Brothers in New York as co-head of Global Equities and Derivatives trading, head of European and Asian Equities in London and CEO of Banque Lehman Brothers in Paris. Prior to Lehman Brothers, he was global head of European Equities at Credit Suisse First Boston and a Vice-President and Executive Director at Goldman, Sachs & Co in New York, and London.
After graduating from Kedge Business School with an MSc in Management studies in 1981, Xavier served as a Second Lieutenant and Instructor at the French Air Force Academy. He received a Master’s Degree in Business Administration from Columbia Business School in 1984 and a post-graduate degree from the Paris-based Institute of Advanced Studies in National Defence (IHEDN) in 2008.
Xavier is a Knight Commander of the British Empire (Hon), a Knight of the Order of the French Legion of Honor, an Officer of the Royal Sharifian order of Al-Alawi, and a recipient of the Order of Friendship of the Russian Federation. He featured in the 2017 Harvard Business Review list of the Best 100 CEOs in the world.
Memberships in Board Committees: Member of the Governance, Risk and Compliance Committee
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Eng. Olayan M. Alwetaid Member of the Board of Directors
Mr. Olayan Alwetaid is the CEO of STC Group, a role he has held since March 2021. Throughout his career with STC Group, he has held several senior roles, including Senior Vice President of the Consumer Business Unit and CEO of STC Bahrain. He has also served as the Chairman of several STC 's subsidiary boards.
Under his leadership, STC Group solidified its position as a prominent telecom operator in the MENA region and has emerged as a dynamic force in the digital arena. Mr. Alwetaid continues to drive the company’s expansion into adjacent sectors including leading big bets in Fintech, the Internet of Things (IoT), cybersecurity, artificial intelligence (AI), and data centers. This expansion supplemented by several inorganic deals such as acquiring a stake in Telefonica Group, which highlights a significant shift from the traditional confines of the telecom industry.
Mr. Alwetaid's educational background in electrical engineering from King Fahd University of Petroleum and Minerals provides a strong foundation for his professional expertise. He is also Chairman of the SAMENA Telecommunications Council, a board member of the GSMA, and a board member of the King Abdulaziz City for Science and Technology (KACST)..
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Eng. Khalid Abdullah Al-Hussan CEO of Saudi Tadawul Group
Eng. Khalid Abdullah Al-Hussan is a Board member and the Chief Executive Officer of Saudi Tadawul Group. He also serves as the Chairman of the Saudi Exchange, the Securities Depository Center Company (Edaa), the Securities Clearing Center Company (Muqassa) and Wamid, an applied technology services business and the innovation arm of Saudi Tadawul Group.
Al-Hussan has more than 14 years of capital markets experience and possesses a wide range of expertise from business development and corporate planning to strategy and operations. Preceding his appointment as CEO of the Group, Eng. Khalid was the CEO of The Saudi Stock Exchange (Tadawul) - now known as the Saudi Exchange - for more than 4 years. He also held a number of executive roles at the Exchange, in listings, cash markets, asset services and depository, strategy and market data.
Throughout his tenure at the Exchange, Khalid has overseen the introduction and implementation of several key development programs, including the Qualified Foreign Investor (QFI) framework and the Independent Custody Model (ICM) and, most recently, its transformation into Saudi Tadawul Group. He also helped secure the Exchange’s inclusion in main emerging markets’ indices. Notably, he sponsored the restructuring program of the Financial Infrastructure companies and oversaw the record-setting IPO of Saudi Aramco
Prior to joining the Exchange, Eng. Khalid worked in the Saudi insurance sector, managing areas of business and product development, marketing, PMO and strategy.
Khalid is an engineer and holds an MBA from the University of Colorado, where he is also a certified entrepreneur.
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Abdulaziz Abalkhail Chief Internal Audit Officer
Abdulaziz joined Saudi Tadawul Group as the Group’s Chief Internal Audit Officer in May 2024 bringing over 30 years of technical and leadership experience.
Prior to joining Saudi Tadawul Group, he worked with the Ministry of Defense, the Saudi Capital Market Authority, Saudi Industrial Development Fund, APICORP, TASNEE and ROSHN Group. Abdulaziz has extensive experience in strategic management, capital markets, PMO, corporate and project finance, organizational transformation, internal audit, and governance, risk & compliance (GRC).
Abdulaziz holds a Bachelor's degree in Systems Engineering from KFUPM and an MBA in Finance from the University of Nottingham as well as certifications from executive programs at INSEAD, IMD, LBS, and LSE.
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Abdullah Al Elshaikh Group Chief legal Officer
Abdullah joined in September 2018, and in March 2019, he was appointed as Chief Legal Officer. He has accumulated experience in the field of legislation, especially those related to the capital market and listed companies. Abdullah holds an LLM in Corporate Finance Law from the University of Westminster, London, UK. He also holds a Bachelor’s degree in Law from King Saud University. In addition to several training courses from reputable institutions.
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AlHasan Ashram Group Chief Operations Officer
Alhasan joined Group in May 2021, he was appointed as Group Chief Operations Officer. Alhasan has extensive experience in Information Technology, Cybersecurity and Risk Management. He assumed various Technical, Managerial and Leadership positions in the High-Tech Industry, Commercial Banking and Capital Markets.
Alhasan holds a B.Sc. degree in Computer Engineering from KFUPM, and an M.Sc. degree in Engineering Management and Leadership from Santa Clara University, California, United State of America. He also has many Professional Certifications from multiple reputable institutions in IT, Security, Risk and Management and Leadership.
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Khalid Al Gheriri Group Chief Regulatory Oversight & Authorization Officer
Khalid joined the Saudi Stock Exchange team in 2006, he held several administrative and leading positions, until he was appointed as Chief of Regulatory Oversight & Authorization. AlGheriri has extensive experience in the financial sector where he has successfully led several roles and responsibilities. Over the last years, he has successfully led various roles and projects within the Members Relations Department and Sales. Khalid holds a Bachelor’s Degree in Computer Information Science from Minnesota State University, USA. In addition to several Professional Certifications from various respectable institutions.
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Lee Hodgkinson Group Chief Strategy Officer
Lee joined the Group in August, 2022, as Group Chief Strategy Officer.
Lee has more than 33 years of capital markets experience and possesses a wide range of expertise from business development and corporate planning to strategy, mergers and acquisitions, and operations. In addition, Lee has extensive experience of working in Europe, America, China, Russia and India across listed companies, consortia, joint ventures and nonprofit entities.
Lee he was studied at the London School of Economics and Political Science and Harvard Business School.
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Maha Al Besher Group Chief Human Resources Officer
Maha joined in May 2018 as a Chief Human Resource Officer. She has accumulated experience in the field of Human Resources, HR Development, Support Services, Corporate Communications and leading Fintech Initiatives.
Maha holds a Master’s Degree in HR from Catholic University of America.
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Nayef Saleh Al Athel Group Chief Sales and Marketing Officer
Nayef brings over 13 years of experience to his role, during which he has held several leadership positions. His most recent position was Chief of Listing at Saudi Exchange where he managed the entire listing process across all platforms (Equity, Debt, ETFs and REITs). During his tenure as Chief of Listings, Nayef has led initiatives aimed at increasing IPO awareness among family businesses and private companies, as well as programs that are designed to provide innovative financing platforms to both private and public companies.
In January 2024, Nayef was appointed Chief Sales and Marketing Officer of Saudi Tadawul Group.
Nayef holds a Bachelor’s degree in Finance & Economics from the King Fahd University of Petroleum.
In 2016 and 2017, Nayef successfully completed management programs at INSEAD and London School of Economics. In 2023, he completed an executive education program at Berkeley Executive Coaching Institute.
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Sharukh Qurashi Group Chief Financial Officer
Shahrukh Qureshi joined in March 2018 as Chief Financial Officer. Shahrukh has over 23 years of experience in strategic financial planning & management, accounting, investment management, company start-ups, mergers & acquisitions and assets liabilities management. Shahrukh holds a Master's Degree in Commerce from Pakistan. He is a fellow member of The Institute of Chartered Accountants of Pakistan and Institute of Public Finance Accountants.
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Yazeed Hamad Al Eidi Group Chief Risk & Security Officer
Yazeed is the Group Chief Risk and Security Officer in the Saudi Tadawul Group.
Yazeed has successfully assumed various management roles in the field of Information Technology, Cybersecurity, Risk Management and Business Continuity.
Yazeed holds a Bachelor’s degree in Computer Science from King Saud University and Executive Masters of Business Administration from Al Yamamah University. In addition to several Professional and Leadership Certifications from various respectable institutions.