Prince Sultan bin Khalid bin Faisal Al Saud

Prince Sultan bin Khalid bin Faisal Al Saud serves as Chief Executive Officer of the Saudi Industrial Development Fund (SIDF). Since joining the Fund, he has held several key leadership positions, including Vice President of Credit and Deputy CEO, before being appointed Chief Executive Officer. His appointment to this senior role reflects his deep expertise in financial services and development finance.

Prince Sultan holds extensive governance responsibilities across multiple organizations, serving as Vice Chairman of the SIDF Investment Company and as a member of the Board of Directors of the General Authority for Small and Medium Enterprises (Monshaat), where he chairs the Governance, Risk, and Compliance Committee. He is additionally a Board and Executive Committee Member of the Misk Foundation and a member of the Board of Directors for both the Saudi Center for the Fourth Industrial Revolution and the Industrial Academy.

Career History

• Chief Executive Officer, Saudi Industrial Development Fund (SIDF)
• Senior leadership roles at Abdul Latif Jameel Company (ALJ), including Vice President of Mobility
• Experience in Silicon Valley's venture capital sector
• Governance roles with Saudi Arabian Airlines, Morgan Stanley, and the Saudi General Authority of Foreign Trade
• General Manager of Zayzafon Investment
• Petroleum Engineer at Saudi Aramco

Education: Prince Sultan holds a Bachelor of Science in Petroleum Engineering from Texas Tech University and an MBA from the Stanford Graduate School of Business.

What Prince Sultan could bring to Acwa Power: With over three decades of experience across financial services, automotive mobility, venture capital, and strategic infrastructure investment, Prince Sultan brings a unique combination of operational expertise and investment perspective to Acwa's Board. His leadership of SIDF, which focuses on industrial development and SME financing, and his prior role advancing mobility initiatives at Abdul Latif Jameel position him to contribute valuable insights on long-term capital deployment, emerging energy technologies, and the intersection of sustainability and financial returns as Acwa expands into green hydrogen and advanced water desalination markets.

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