Khalid Abukhadhra

Khalid bin Saeed Abu Khadra was appointed as Chief Executive Officer of Saudi Advanced Industries Company (SAIC), effective October 13, 2024, following approval by SAIC's board of directors on September 23, 2024. Abu Khadra brings extensive professional experience spanning over 18 years in the fields of investment, as well as management of portfolios, liquidity, and financial positions.

Abu Khadra started his career in the banking sector with leading banks in Saudi Arabia, where he held executive leadership positions in which he led efforts to develop and implement innovative investment strategies and apply risk management effectively to ensure sustainable financial performance. His background spans treasury and investment management across major Saudi financial institutions.

Career history

• General Manager of Investment in the Treasury at Alinma Bank
• Director of the Investment in the Treasury at Al Rajhi Bank
• Banking sector executive leadership roles at leading Saudi banks

Abu Khadra holds a bachelor's degree from King Saud University in Financial Management in addition to other professional certificates and courses in the fields of leadership and management.

What Khalid Abukhadhra could bring to CEO at Saudi Advanced Industries Company (SAIC): Abukhadhra's 18+ years of treasury, investment portfolio management, and risk management experience in leading Saudi banks positions him to strengthen SAIC's financial performance and investment strategies. His proven expertise in implementing innovative financial solutions and developing sustainable performance frameworks could enhance the industrial investment company's capital allocation and strategic management during his leadership.