Khalid Abu Khadra Appointed CEO of SAIC

Saudi Advanced Industries Company (SAIC) announced on Tuesday that the Board of Directors, on Sep. 23, 2024, has approved the appointment of Mr. Khalid bin Saeed Abu Khadra as CEO of the Company, effective from Oct. 13, 2024.

The Company stated today on Tadawul – Saudi Exchange that Khaled Abu Khadra has a long and diverse professional experience spanning over 18 years in investment, financial portfolio management, liquidity management, and financial centres.

He started his career in the banking sector with leading banks in Saudi Arabia, where he held executive leadership positions and led efforts to develop and implement innovative investment strategies and apply risk management effectively to ensure sustainable financial performance. His most recent role was General Manager of Investment in the Treasury at Alinma Bank. He also served as Director of the Investment Sector in the Treasury at Al Rajhi Bank.

Mr. Khalid holds a Bachelor’s Degree from King Saud University in Financial Management and many other professional certificates and courses in leadership and management.