Management Team

Eng. Khalid Abdullah Al-Hussan is the Chief Executive Officer and a Board member of the Saudi Tadawul Group. He also serves as the Chairman of the Saudi Exchange, the Securities Depository Center Company (Edaa), the Securities Clearing Center Company (Muqassa), and Wamid, an applied technology services business and the innovation arm of Saudi Tadawul Group. Additionally, he serves as the Vice Chairman of the World Federation of Exchanges, and a board member of Tadawul Real Estate Company, E-Finance for Digital and Financial Investments, and the Gulf Mercantile Exchange.

Eng. Khalid has more than 22 years of experience in the financial markets and the broader financial sector, along with extensive expertise in the Saudi insurance sector. His wide-ranging experience covers business development, corporate and strategic planning, operations and project management, marketing, and product development.

Throughout his tenure at the Saudi Exchange, Eng. Khalid has overseen the introduction and implementation of several key development programs, including the Qualified Foreign Investor (QFI) framework, the inclusion of Tadawul in the emerging markets’ indices, the launch of Nomu and the derivative markets, the development of the fixed income market and the record-setting IPO of Saudi Aramco. Notably and most recently, he led the transformation into the Saudi Tadawul Group. 

He is an engineer and holds an MBA from the University of Colorado. 

Mr. Al-Khereiji's career in the financial services industry spans over 26 years, he has held various leadership positions across leading Saudi financial institutions, including the Saudi Central Bank (SAMA), where he began his career, and the Saudi National Bank (SNB). 

He most recently served as Acting Chief Executive Officer of SNB and previously held the position of Chief Executive Officer for Wholesale Banking at SNB. He also served as Group Head of Treasury from 2003 to 2021, where he led the Assets and Liabilities management department and the Asset-Liability Committee (ALCO) Secretary. In addition, Mr. Al-Khereji served as a Board Member and Risk Management Committee Member at SNB Capital, along with memberships in multiple executive committees across the SNB Group.

Mr. Al-Khereiji holds a Master's degree in International Business and a Bachelor's degree in International Economics from Georgetown University.

Membership in Board Committee: 

Chairman of the Risk Management Committee

Dr. Roland Bellegarde is currently the Advisor to the CEO at Saudi Tadawul Group. He also serves as a Board Member of the Securities Depository Center Company (Edaa) and the Securities Clearing Center Company (Muqassa). 

He was a member of the NYSE-Euronext management Committee from 2007 to 2014 and served as Group Executive Vice-President in charge of European Equities and Listings. His mandate extended to cover domestic and International Listings, Equity and Index derivatives, Index business development, structured products, as well as market operations.

He previously also acted as Chairman of SmartPool (Block trading platform), Board Member of LIFFE AM, Qatar Exchange, Clearnet SA, as well as Interbosla (Portuguese CSD).

Dr. Bellegarde has a PhD degree in Treasury Finance Banking from the Sorbonne University in France.

Mohammed Al-Rumaih is the Chief Executive Officer of the Saudi Exchange. He has over 20 years of extensive experience in capital markets and the broader financial sector, with a professional background in strategic development, operations and project management, and the planning and development of products and services.

Prior to assuming the role of CEO, Al-Rumaih held several key leadership positions across the Saudi Exchange, including Chief of Markets and Chief of Sales and Marketing, where his leadership was central to the implementation of a number of significant market enhancements and innovative financial products. Notable achievements under his tenure include the Saudi Exchange’s inclusion in leading emerging market indices and the successful enhancement of the Nomu-Parallel Market.

He also serves as a Board Member of the Securities Clearing Center Company (Muqassa) and is a member of the Risk Management Committees of the Securities Depository Center Company (Edaa) and Securities Clearing Center Company (Muqassa). In addition, he is a member of the Audit Committee of the Tadawul Advanced Solutions Company (WAMID). He previously served as a member of both the Advisory Committee of the Capital Market Authority (CMA) and the Professional Conduct and Ethics Committee of the Saudi Organization for Chartered and Professional Accountants (SOCPA).

Al-Rumaih holds a Bachelor’s degree in Management Information Systems from King Fahd University of Petroleum and Minerals and an Executive MBA from Manchester MBA.

Prior to retiring from her role at CME Group in 2017, Ms. Taylor held several titles, including President of Clearing and Post-Trade Services, and President of Global Operations, Technology & Risk from September 2014 to November 2016 and President of CME Clearing since 2004 when CME also began clearing all Chicago Board of Trade (CBOT) contracts. She led the clearing house through the challenges of CME’s subsequent acquisitions of CBOT and the New York Mercantile Exchange, as well as leading the industry through the 2008 financial crisis and the MF Global bankruptcy in 2011. 

She first joined CME in 1989 as a senior analyst, assuming responsibility in 1998 for risk management and earning various promotions in ensuing years. She served on the CME executive management team from 2004 until her retirement. 

Ms. Taylor also serves on the board of directors for First Midwest Bank, Eventus Systems, and Alma College and previously served on the board for both ISDA and the Illinois Math and Science Academy (IMSA). 

She is an expert in risk management, crisis management, derivatives regulation, and FCM bankruptcy. In 2014, Crain’s Chicago Business named Ms. Taylor number nine on its list of the top 20 most powerful women in Chicago business.

Lama Ghazzaoui is the Chief Financial Officer of the Saudi Awwal Bank (SAB). She is also a Board Member of the Human Rights Commission, as well as a member of the Audit Committee of SAB Invest.

Mrs. Lama has over 24 years of industry experience in the finance, accounting, and banking sectors. She previously held several senior leadership positions at the Saudi National Bank (SNB), including Chief Accountant and the Chief Financial Officer until 2021. 

She holds a Bachelor of Science in Accounting from the Lebanese American University, and is a Certified Public Accountant (CPA) licensed by the American Institute of Certified Public Accountants in Colorado, USA. 

Membership in Board Committee:

Member of the Audit Committee 

Mr. Al-Hazzani is the Chief Executive Officer of Muqassa and has held that position since its establishment in May 2018.

He also serves as a member of the Board of Directors of the Security Depository Center Company (Edaa) since 2018 and Saudi Exchange since April 2021. Prior to his appointment as the CEO of Muqassa, Mr. Al-Hazzani held a variety of positions such as Head of Clearing and Settlement and was a Risk Planning Manager who was responsible for maintaining risk management processes and policies for Saudi Exchange and designed, developed and recommended a variety of strategies in order to minimize risk exposure. 

He carries a breadth of knowledge in the capital markets, risk management, clearing and settlement industry. He held many leading positions within the Saudi Stock Exchange (Tadawul), including heading the clearing and settlement function, along with the Post-Trade Transformation Program.

Mr. Al-Hazzani holds an MBA, a Minor in Finance and a Bachelor’s degree in Computer Science from King Saud University, Saudi Arabia.

Mr. Al Somali joined" Muqassa"in January 2022, as Head of Cash & Fixed Income Operations. In April 2023, Mr. Al Somali was appointed as Chief of Operations at "Muqassa".

Mr. Ahmed  has over 20 years of  broad experience in operations in the financial and banking sector, holding multiple leadership roles in different financial institutional companies.

Mr. Ahmed Al Somali holds a bachelor’s degree in public administration from King Abdulaziz University. In addition, Mr. Al Somali holds an executive leadership program certificate from INSEAD.

Mr. Meshal joined Muqassa in September 2021 as Head of Risk Modelling and Methodology. In September 2023, Mr. Al Homaid was appointed as Chief of Risk Management Muqassa.

Mr. Meshal has over 17 years of extensive experience in Risk Management in the Financial Sector in a number of leading banks in the Kingdom of Saudi Arabia. Mr. Al Homaid’s experience include holding roles in Credit Control and Monitoring, Risk Reporting, Enterprise Risk Management and Risk Modelling.

Mr. Al Homaid holds a Bachelor’s degree in Information Systems from King Saud University and a Master’s Degree in Information Systems Management from The University of Sheffield.
 

Mansour Altais is the Chief of Business Development at the Securities Clearing Center company “Muqassa”, a subsidiary of Saudi Tadawul Group.

Mansour joined Muqassa in 2020 as the Business Services & Sales Manager, where he established the company’s Account Management & Sales teams, and was a main contributor to the implementation of clearing services in different markets, including equities, fixed income, exchange-traded derivatives, and Repo markets.

Mansour was also part of the Post Trade Program, with a main focus to raise awareness on the value of the Clearing House’s products and services in the Saudi Financial market.

Prior to joining Muqassa, he gained an extensive experience in the global banking industry in his role as Senior Relationship Manager, with client coverage of banking sector and later leading the growth of non-banking FIs sector.

Mansour holds a Bachelor’s Degree in Business Administration from Cape Breton University, Canada, along with several professional certifications from prestigious institutions specialized in Management and Leadership.