Yazeed bin Abdulrahman Al-Humaid

Yazeed bin Abdulrahman Al-Humaid was appointed Vice Chairman of ACWA Power on April 8, 2026, replacing Raad bin Omar Al-Saadi in the role while maintaining his tenure through the end of the current board term. Al-Humaid brings a distinctive blend of regulatory expertise and portfolio management experience from his tenure at Saudi Arabia's sovereign wealth fund and earlier roles in capital market governance.

Al-Humaid holds a Bachelor's degree in Accounting from King Saud University and is certified in executive management programs from London Business School. His career spans in excess of 18 years in financial and management fields, beginning with PriceWaterhouseCoopers and House of National Consulting from 2004 to 2008. He then joined the Capital Market Authority (CMA) until 2015, where he headed the Mergers and Acquisitions team and was seconded to work at the Malaysian Securities Commission and the regulatory body of mergers and acquisitions in the United Kingdom.

Career History

• Deputy Governor and Head of MENA Investments at Saudi Arabia's Public Investment Fund (PIF), a position he has held since 2021
• Chief of Staff at PIF from 2015 to 2021
• Advisor to the Chairman of the Capital Market Authority (CMA)
• Head of Mergers and Acquisitions, Capital Market Authority (CMA), 2008–2015
• PriceWaterhouseCoopers and House of National Consulting, 2004–2008

Al-Humaid maintains concurrent board positions at Saudi Telecom Co., Saudi National Bank, Saudi Arabian Airlines Corp., and Saudi Tadawul Group Holding Co., among others. What Al-Humaid could bring to ACWA Power's Vice Chairmanship: His deep experience managing major portfolio investments at PIF—overseeing assets exceeding $100 billion across the Middle East and North Africa—positions him to strengthen board-level governance on strategic capital deployment and long-term value creation in ACWA Power's global energy infrastructure platform. His regulatory background in M&A oversight at CMA and international securities commissions provides valuable institutional knowledge for navigating complex cross-border energy transactions as ACWA expands its renewable and hydrogen initiatives globally.