Salam bin Zaki Al-Khunaizi was elected as an independent member of the board at Edarat Communication and Information Technology Co. on September 17, 2026, joining a five-member board overseeing the technology services company that operates data center engineering services and cloud services for banks, telecom operators, defense, and energy sectors.
Al-Khunaizi was among the leaders behind Saudi Aramco's IPO in 2019, the biggest IPO in history. He brings over 20 years of banking and financial services experience and holds a BS in Finance from King Fahd University of Petroleum & Minerals (2001).
Career history
- Independent Board Member, Edarat Communication and Information Technology Co. (September 2026–present)
- Chief Executive Officer, Saudi Fransi Capital (investment arm of Banque Saudi Fransi)
- Chief Executive Officer, Samba Capital & Investment Management Company
- Head of Equity Capital Markets, JP Morgan Saudi Arabia
- Manager, Gulf International Bank
What Salam Al-Khunaizi could bring to Edarat Communication: His extensive experience leading investment banking operations at top-tier institutions and his demonstrated expertise in high-stakes capital markets transactions position him to strengthen Edarat's governance and potentially guide strategic initiatives in technology infrastructure financing and capital allocation—areas critical to the company's expansion in data center and cloud services.
Facts compiled by Executive Moves from publicly available news and press releases on 3 October 2026. Spotted an inaccuracy? Email us and we'll review within 1 business day.
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