Khalid Ali A. Ballow

Khalid Ali A. Ballow was appointed Acting Chief Executive Officer of Saudi Arabian Cooperative Insurance Company (SAICO) effective May 21, 2026, following board approval on May 20, 2026. The appointment represents a strategic promotion of an experienced internal executive to ensure leadership continuity within SAICO's management team.

Ballow holds a Bachelor of Political Science and Government degree from King Saud University and a Master of Business Administration from Arab Academy for Science, Technology and Maritime Transport. He completed a professional diploma in marketing from the Riyadh Chamber of Commerce and Industry in 2003 and holds a Professional Insurance Certificate (PIC) from the Chartered Insurance Institute (CII).

Ballow brings over 27 years of insurance leadership experience, with 16 years at SAICO since joining in 2010. Before his appointment as Acting CEO, he served as Vice President – Sales and Business Development at SAICO. Prior to joining SAICO, he held the position of Corporate Manager at Tawuniya Insurance.

Career history

• Acting Chief Executive Officer, Saudi Arabian Cooperative Insurance Company (SAICO) – 2026 to present
• Vice President – Sales and Business Development, SAICO – 2010 to 2026
• Corporate Manager, Tawuniya Insurance – Prior to 2010

What Khalid Ballow could bring to Acting CEO at SAICO: With over 27 years of insurance industry experience and 16 years of deep knowledge of SAICO's operations, markets, and organizational culture, Ballow is positioned to provide stable leadership during a transition period. His background in sales and business development suggests expertise in revenue growth and market positioning, while his professional insurance credentials and advanced degree in business administration provide the technical and strategic foundation needed to navigate SAICO's continued profitability and competitive positioning in Saudi Arabia's insurance sector.