Al-Sudairi Named Chairman of Saudi CMA

Mazen bin Turki Al-Sudairi has been appointed Chairman of the Board of the Capital Market Authority (CMA) in Saudi Arabia, with the rank of minister. The appointment came by royal order in August 2026 as part of a wider reshuffle of cabinet and senior officials.

Al-Sudairi succeeds Mohammed bin Abdullah Elkuwaiz in the role. Under the current board structure, he serves as Chairman alongside Vice Chairman Youssef Hamad Al-Bilihi, within a five-commissioner full-time board.

Al-Sudairi brings a professional background rooted in capital markets research and advisory work. his stated priorities focus on supporting the development of the Saudi capital market, strengthening liquidity, and aligning market activity with the Kingdom's broader national economic goals.

Why it matters

The Capital Market Authority regulates the Saudi financial market, overseeing listed companies, investors, and market participants. Leadership at the top of the CMA shapes the direction of investor protection, market development, and the continued growth of trading activity in the Kingdom.

For residents and investors, day-to-day services for investors and listed companies continue to be handled through the CMA's own online portals and Saudi Exchange channels. No changes to listing fees, trading commissions, disclosure penalties, or the validity of CMA licenses and approvals have been linked to the appointment. Saudi Living will share further updates as official information becomes available.

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