Khalid Abdullah Al-Hussan, CEO of the Saudi Stock Exchange

Khalid Abdullah Al-Hussan
Updated 18 August 2019

Khalid Abdullah Al-Hussan, CEO of the Saudi Stock Exchange

  • Al-Hussan graduated with a bachelor’s degree in industrial engineering from King Saud University in 1999

Khalid Abdullah Al-Hussan has been the CEO of the Saudi Stock Exchange (Tadawul) since November 2015. He started at Tadawul as a market data manager in January 2007 until December 2008, progressing to business development manager from January 2009 to October 2011 before advancing to the head of corporate planning and projects role from October 2011 to January 2013. Following this promotion, he was chief strategy officer from December 2012 to March 2014 and finally executive director of asset services and depository from January 2013 to January 2015.

He has also served as the chairman of the board at the Securities Depository Center Company since December 2017, and held the same role at the Securities Clearing Center Company since February 2018.

Al-Hussan graduated with a bachelor’s degree in industrial engineering from King Saud University in 1999, before earning an MBA and a professional certificate in entrepreneurship from the University of Colorado Denver in 2002.

Prior to his current position, Al-Hussan worked at Tawuniya Insurance Company as a products and services development manager from September 2004 to July 2005 and strategy management office general manager from August 2005 to January 2007. He was also a board advisory committee member at the Capital Market Authority from January 2016 to January 2018.

The two-day Euromoney Saudi Arabia Conference, one of the most important financial events in the region, will open in Riyadh on Sept. 18 with a focus on the new financial ecosystem.

Keynote speakers expected at the conference include Saudi Finance Minister Mohammed Al-Jadaan, Capital Market Authority Chairman Mohammed El-Kuwaiz, and Tadawul CEO Khalid Abdullah Al-Hussan. The audience will also hear from policymakers, regulators and customers.

The annual conference, organized under the patronage of the Finance Ministry, will explore how changes in finance and the Kingdom intersect.

Euromoney has introduced three new initiatives to create an even more interactive and informative experience for this year’s participants.

The Tech Tent will showcase regional and international financial technology companies building the future of finance.

The Knowledge Hub will run 30-minute live briefings throughout the day, focusing on new developments in finance.

Euromoney Amplify will run a live global markets simulation throughout the conference.


Saudi Embassy evacuates 300 tourists from Lebanon

Updated 19 October 2019

Saudi Embassy evacuates 300 tourists from Lebanon

  • The embassy said that evacuees were escorted to Rafic Hariri International Airport in Beirut by Lebanese security forces to guarantee their safety
  • Three Saudia aircraft were used to transport them

BEIRUT: Saudi Arabia's embassy in Lebanon has confirmed it has facilitated the “evacuation of Saudi residents and visitors” from the country.
“The evacuation operation, imposed by the security situation in Lebanon and the importance of ensuring the safety of Saudi nationals, started Saturday at 5 a.m. after the Kingdom secured three Saudia aircraft to transport them,” the embassy told Arab News.
“Three hundred people were evacuated as of Saturday afternoon, while the total number of those wishing to leave remains unclear. We have identified a hotel in Beirut as a starting point,” it added, noting that most of those who had left were tourists.
The embassy also confirmed evacuees were escorted to Rafic Hariri International Airport in Beirut by Lebanese security forces to guarantee their safety.
Protests broke out in Lebanon on Thursday night, and disorder has disrupted roads leading to the airport, with burning tires blocking several key routes.
On Friday, the Saudi Ministry of Foreign Affairs urged its citizens already in Lebanon to exercise “utmost caution.”
Egypt’s Embassy in Beirut also called on its nationals in the country to avoid protest areas, Egyptian state news agency MENA said.
“The embassy calls on all Egyptian citizens in Lebanon to avoid the areas of gatherings and protests, to be careful in their movements and to abide by the instructions of the Lebanese authorities in this regard,” MENA reported.
Meanwhile, Kuwait’s Embassy in Lebanon asked citizens wishing to travel to the country to delay trips where possible.
“The embassy also calls on citizens currently in Lebanon to take utmost care and stay away from crowds and demonstrations,” it said on social media site Twitter.
Bahrain and the UAE warned against travel to Lebanon and called on their citizens in the country to leave immediately.