Al-Sudairi Named New Chairman of Saudi CMA

Mazen Turki Al-Sudairi has been appointed chairman of the Board of the Saudi Capital Market Authority (CMA), taking on the role with the rank of minister. The appointment took effect on 13 August 2026.

Al-Sudairi succeeds Mohammed El-Kuwaiz in the position, which oversees the regulation and development of the Kingdom's financial markets. As of 30 September 2026, he remains listed as the authority's board chairman.

Why It Matters

The Capital Market Authority is the government body responsible for supervising and organizing Saudi Arabia's capital market, including the stock exchange and listed companies. Its leadership plays a central role in shaping investor confidence and market stability.

For residents and investors across the Kingdom, changes at the top of the CMA can influence the direction of market policy and regulatory priorities. The authority's work touches individual investors, listed companies, and the broader financial ecosystem that supports economic growth.

Saudi Living will continue to follow developments related to the authority and its leadership as further details emerge.

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