Mazen bin Turki Al-Sudairi will lead the board of Saudi Arabia’s Capital Market Authority after a royal order appointed him chairman with the rank of minister, as the kingdom’s capital market rapidly expands, deepens its offerings, strengthens ties with global markets and seeks to attract more foreign investment. Al-Sudairi brings a career rooted in financial markets and investment before moving into government and policymaking, combining technical expertise in market analysis with institutional experience inside government. His appointment comes as Saudi Arabia’s capital market enters a new phase of growth focused on greater depth and openness, a broader investor base and a stronger presence in global markets, alongside the economic and investment transformation under Saudi Vision 2030. The royal order appointed Al-Sudairi chairman of the Capital Market Authority’s board with the rank of minister, succeeding Mohammed El-Kuwaiz. He takes charge of the market regulator as the financial sector assumes an increasingly important role in financing economic growth and attracting domestic and international capital. Since 2024, Al-Sudairi has served as an adviser at the General Secretariat of the Council of Ministers at an excellent grade, adding a government dimension to his background in finance and investment. The role broadened his experience from analyzing markets and investments to working in an environment closely connected to policymaking and decision-making. He holds a master’s degree in finance from HEC Paris in France and a bachelor’s degree in industrial engineering from King Saud University, an academic background combining financial knowledge with the analytical and quantitative training associated with engineering. Al-Sudairi has extensive experience in financial services and capital markets. He served as head of research at Al Rajhi Capital, where he monitored company and sector performance and analyzed economic and financial developments and their impact on investor decisions. He also headed sell-side research at Al-Istithmar Capital, adding experience in managing investment research and responding to market developments and investor needs during a period of rapid regulatory and investment change in the Saudi market. Earlier, Al-Sudairi worked as an analyst covering the energy and petrochemicals sectors at Samba Capital, two of the most influential sectors in the Saudi economy and capital market. The role gave him direct experience analyzing companies and industries exposed to energy markets, global developments, commodity prices and economic cycles. His career also took him outside Saudi Arabia, where he worked in equity research at Bank Degroof in Belgium. The experience added an international dimension to his background and gave him practical exposure to market and company analysis in a European financial environment. Al-Sudairi is a recognized name in financial research and market analysis, having built experience across Saudi and international financial and investment institutions. His roles have been closely tied to assessing markets, analyzing companies and sectors, and evaluating investment opportunities. His career spans financial and economic analysis, investment research and government work. After years of leading research functions at Saudi financial institutions and analyzing equities and sectors, his move into government added experience in institutional work and policymaking. Al-Sudairi takes the helm of the Capital Market Authority’s board as the market becomes increasingly important as a channel for financing companies and projects, supporting private-sector growth, expanding savings and investment options, and connecting the Saudi economy more closely with global capital flows.
