MOHAMMED BIN ABDULMALIK AL SHEIKH

CHAIRMAN, SAUDI CAPITAL MARKET AUTHORITY

ORIGIN KSA RESIDENCE UAE SECTOR FINANCE 2016 RANK 28

It has been a busy few years for Al Sheikh with the opening of Saudi’s Tadawul stock exchange to foreign investors in 2015 and the subsequent acceleration of plans to lift restrictions on foreign firms. Last year, the Capital Markets Authority also pushed through plans for the trading of Real Estate Investment Traded Funds and rules for a new parallel market, while looking ahead there will be the small matter of the world’s largest IPO as Saudi Aramco prepares to list in 2018. Outside of this role, minister of sate Abdulmalik was in the spotlight last year as one of the public faces of the country’s Saudi Vision 2030 and National Transformation Plan economic reforms. He previously served at US law firm Latham & Watkins, the World Bank and Saudi Paper Manufacturing Company.