H.H. Prince Sultan bin Khalid bin Faisal Al Saud is a non-executive director at ACWA Power, the Saudi-based power and desalination company. He currently serves as Chief Executive Officer of the Saudi Industrial Development Fund (SIDF), a government institution supporting industrial growth since 1974.
Prince Sultan began his career at Saudi Aramco as a Petroleum Engineer. He holds a Bachelor of Science in Petroleum Engineering from Texas Tech University and an MBA from the Stanford Graduate School of Business. Earlier in his career, he served as General Manager of Zayzafon Investment.
At SIDF, he previously served as Deputy Chief Executive and Vice President of Credit before being appointed Chief Executive Officer. He is also a member of the Board of the Small and Medium Enterprises General Authority (Monsha'at).
What Prince Sultan could bring to ACWA Power: With his foundation in petroleum engineering, extensive experience in industrial finance and credit management at SIDF, and operational expertise from his tenure managing investment entities, Prince Sultan brings deep technical understanding of the energy and desalination sectors combined with strategic financial governance capabilities. His government-sector relationships and experience supporting Saudi Arabia's industrial development initiatives position him to strengthen ACWA Power's access to development financing and align the company with national industrial priorities.
Facts compiled by Executive Moves from publicly available news and press releases on 9 August 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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