As part of the Capital Market Authority's (CMA) efforts to actively communicate with market participants and find a regulated mechanism for that to enhance its performance and achieve its objectives, and based on the Capital Market Law promulgated and pursuant to Royal Decree No. (M/30) dated 2/6/1424H, the CMA Board issued its resolution dated 2/11/1434 corresponding to 8/9/2013 to approve the CMA advisory committee. The committee will work towards providing suggestions and observations on any topics presented by the CMA Board to be studied in addition to discussing the observations of the market participants and monitor their reactions on any new developments or policies to be adopted by the Authority. They also provide their recommendations and opinions on all that would contribute to the development of the market and protect the investors. The committee will exercise its tasks as a consulting party for the CMA Board. It is comprised of a number of part-time members from market participants, experts, specialists and experienced academicians as the following:
- H.E. Dr. Nabeel Koshak - CEO of Saudi Venture Capital Company (SVC)
- Dr. Waleed Abdullah Al-Mogbel - Managing Director and CEO of Al-Rajhi Bank
- Eng. Omer Abdullah Alnomany - CEO of Arabian Internet and Communications Services Co.
- Mr. Adel Ibrahim Al-Ateeq - CEO
of Awaed
Financial Assets Company
- Ms. Khlood Aldukheil - CEO of Erteqa Financial Company
- Mr. Rashed Sharif - CEO of SNB Capital
- Mr. Abdulaziz Abdulrahman alomran - CEO of impact46
- Mr. Basem Alsallom - Managing Director Sure Global Technology
- Dr . Abdulwahab Said Shaya AlGahtani - Associate Professor at King Fahd University of Petroleum and Minerals
- Dr .Sultan Almasoud - Partner, The Law Firm of Dr. Sultan Almasoud in association with Shearman & Sterling LLP
- Mr. Saleh Al Hahya - Partner at Alluhaid & Alyahya Chartered Accountants (“LYCA”)
A brief on the committee members can be found on the following link: