Experience

Saudi Exchange

• Saudi Arabia
• Financial Services
• 200 - 300 Employee

• Head of Listing Authorization & Oversight. Governance ,Compliance & Oversight of Listed issuers

  • Feb 2018 - Present

  Saudi Arabia •Established new department (as a result of the Transition& Activation of Responsibilities Project and was responsible for creating its structure and function as well as laying out the procedural step to ensure efficient smooth operation. Supervising the review/evaluate of all new application listings, Direct listing, Capital Alteration, Mergers ＆Acquisitions and Demergers submitted by Financial Advisor. Supervising the review/evaluate all applications for Transfer from Parallel Market to Main… Show more •Established new department (as a result of the Transition& Activation of Responsibilities Project and was responsible for creating its structure and function as well as laying out the procedural step to ensure efficient smooth operation. Supervising the review/evaluate of all new application listings, Direct listing, Capital Alteration, Mergers ＆Acquisitions and Demergers submitted by Financial Advisor. Supervising the review/evaluate all applications for Transfer from Parallel Market to Main Market, cross listing and voluntary listing cancellations with provide proposals and recommendations/decisions on these applications. •Facilitate the process of submitting all applications under the scope of the Listing with analyzing information, evaluating, preparing, and presenting recommendations to CMA Board, Tadawul board and Committee members. •Overseeing the Corporate Governance, Compliance and Disclosure for securities (Equities, REITs, ETF, close-ended funds, Sukuk, & Bonds) and control liquidity requirements in accordance with best international practices, in compliance with the Capital Market Law, CMA, Tadawul and other relevant regulations and rules. •Identify cases of non-compliance and related risks of issuers with related rules. And recommend, suggested course of action to CMA for identified cases of non-compliance with proposed cases for suspension of trading or delisting of securities. •Assisting in creating, developing, and enabling the Rules, Governance principles, Policies/regulatory environment and guideline for the development of the securities market and follow up with concerned departments to ensure actions have been taken regarding regulatory requirements. •Monitoring the implementation of obligations of an Exchange and Interact with SAMA, CMA, prospective issuers and issuers whose securities are listed in the Exchange. Oversight all relevant policies, procedures, and processes for the work to be carried out in a controlled and consistent manner with

• Head of Continuous Disclosure& Compliance

  • Jan 2016 - Jan 2018

  Main responsibilities include the following: • Supervising the Disclosure for securities (Equities,REITs,ETF, Sukuk, & Bonds) in accordance with best international practices, in compliance with the Capital Market Law, CMA, Tadawul and other relevant regulations and rules. • Mutual Funds Continues Obligations. • To Promote Transparency,Disclosure and Corporate governance practices. • Securities and Asset managers’ awareness and workshops of Disclosures and obligations. • Ensure… Show more Main responsibilities include the following: • Supervising the Disclosure for securities (Equities,REITs,ETF, Sukuk, & Bonds) in accordance with best international practices, in compliance with the Capital Market Law, CMA, Tadawul and other relevant regulations and rules. • Mutual Funds Continues Obligations. • To Promote Transparency,Disclosure and Corporate governance practices. • Securities and Asset managers’ awareness and workshops of Disclosures and obligations. • Ensure that any developments in IFRS and SOCPA are in line with Tadawul Taxonomies. • Supervising Disclosure Systems Enhancement, Requirements and Testing. • Assisting in creating and enabling the operational/regulatory environment for the development of the securities market. • Obligations of an Exchange. • Listing Requirements. • Issuer Relation and Data Change Request. • Periodic Financial Statements. • Financial Indicators. • Assisting in creating Exchange/CMA Rules and Procedures. Participated with many projects that have been implemented such as: •Qualified Foreign Investors (QFI) •The New Settlement Cycle (T+2) •X-Stream INET •Real Estate Investment Traded Funds (REITs) •Distressed Companies •IFSAH enhancements •Nomu - Parallel Market •New Industry Classification (Global Industry Classification Standard -GICS-) •Mutual Fund Data Enhancement •Ownership Disclosure Enhancement •TADAWUL New Generation •Upgrade Tadawul Taxonomy with IFRS standard XBRL (eXtensible Business Reporting Language)

• Manager of Markets Operations

  • Nov 2013 - Dec 2015

  Main responsibilities include the following: • Managed the market administration and maintenance including: o Market Maintenance. o Continuous Disclosure. o Issuer listing. o Brokerage houses and Data Vendors. o Index maintenance. o Corporate actions. o Distressed Companies. o Put-through trades execution; • Managed preparation of statistics reports; • Managed analysis and responded to the trading issues; • Managed trading systems enhancement and… Show more Main responsibilities include the following: • Managed the market administration and maintenance including: o Market Maintenance. o Continuous Disclosure. o Issuer listing. o Brokerage houses and Data Vendors. o Index maintenance. o Corporate actions. o Distressed Companies. o Put-through trades execution; • Managed preparation of statistics reports; • Managed analysis and responded to the trading issues; • Managed trading systems enhancement and requirements; • Managed indexes and calculated main index market and sectors indexes. • Created most internal operations processes, policies, and rules (membership and trading). • Managed trading Investigation Reports to Committee of the Resolution of Securities Disputes (CRSD). • Created a new taxonomy for Tadawul financial report taxonomies based on SOCPA, IFRS Standards, and Industry Extensions for banking , insurance and other sectors (using eXtensible Business Reporting Language). • Support other departments projects. Participated with many projects that have been implemented since 2005 such as: o Qualified Foreign Investors (QFI) o X-stream o Distressed Companies/Over The Counter (OTC) o Volume Weighted Average Price (VWAP) o Mutual Fund Data Enhancement o TADAWUL New Generation o Tick Size o Fixed Income o Tradable Rights I o Market Restructure o Free Float and indexes o XBRL (eXtensible Business Reporting Language)

• Team Leader,Market Administration

  • Jan 2013 - Oct 2013

  As the team leader, the main responsibilities included the following: •Led the market administration and maintenance including: oIssuer listing; oCorporate actions; oPut-through trades execution; oBrokerage houses and Data Vendors; •Led preparation of statistics reports; •Led analysis and responded to the trading issues; •Led trading systems enhancement and requirements; •Led the trading Investigation Reports to Committee of the Resolution of Securities Disputes… Show more As the team leader, the main responsibilities included the following: •Led the market administration and maintenance including: oIssuer listing; oCorporate actions; oPut-through trades execution; oBrokerage houses and Data Vendors; •Led preparation of statistics reports; •Led analysis and responded to the trading issues; •Led trading systems enhancement and requirements; •Led the trading Investigation Reports to Committee of the Resolution of Securities Disputes (CRSD) •Maintained indexes and calculated main index market and sectors indexes. •Reviewed and disseminated financial and non-financial announcements and information of listed companies. Participated with many projects that have been implemented since 2005 such as: o TADAWUL New Generation o Tick Size o Fixed Income o Tradable Rights I o Market Restructure o Free Float and indexes o XBRL (eXtensible Business Reporting Language) including the continuance discloser of listed issuers and mutual funds at the Saudi Stock Exchange in addition to their financial and non-financial announcements

• Market Control & Issuer Relations officer

  • Sep 2010 - Dec 2012

  •Monitor stock exchange activity. •Prepared statistical reports related to whole markets including monthly market activity, IPO statistics, and Order statistics. •Reviewed all internal operations processes, policies, and rules (membership and trading). •Prepared and reported the abnormal movements in the market behavior. •Analyzed and responded to the trading issues. •Market administration and maintenance. •Analyzed and responded to the trading issues. • Listing Process… Show more •Monitor stock exchange activity. •Prepared statistical reports related to whole markets including monthly market activity, IPO statistics, and Order statistics. •Reviewed all internal operations processes, policies, and rules (membership and trading). •Prepared and reported the abnormal movements in the market behavior. •Analyzed and responded to the trading issues. •Market administration and maintenance. •Analyzed and responded to the trading issues. • Listing Process Management •Managing pre-listing requirements •Meetings with issuers and listing advisors •Post- listing follow ups with issuers and related parties •Issuers relations management •Conducted issuer briefings, workshops. •Developed and executed effective relationship strategies to maintain business long-term relationships with issuer. •Reported regularly to top management. •Supervised the continuance discloser of listed issuers and mutual funds at the Saudi Stock Exchange in addition to their financial and non-financial announcements. •Trading Investigation Reports to Committee of the Resolution of Securities Disputes (CRSD) Participated with many projects that have been implemented since 2005 such as: o TADAWUL New Generation o Tick Size o Fixed Income o Tradable Rights I o Market Restructure o Free Float and indexes o XBRL (eXtensible Business Reporting Language) including the continuance discloser of listed issuers and mutual funds at the Saudi Stock Exchange in addition to their financial and non-financial announcements

• Market Control officer

  • Sep 2005 - Sep 2010

  •Performed routine surveillance and quality control to monitor stock exchange activity and reported violations. •Prepared statistical reports related to whole markets including monthly market activity, IPO statistics, and Order statistics. •Reviewed all internal operations processes, policies, and rules (membership and trading). •Participated with many projects that have been implemented since 2005 such as: o TADAWUL New Generation o Tick Size o Fixed Income o… Show more •Performed routine surveillance and quality control to monitor stock exchange activity and reported violations. •Prepared statistical reports related to whole markets including monthly market activity, IPO statistics, and Order statistics. •Reviewed all internal operations processes, policies, and rules (membership and trading). •Participated with many projects that have been implemented since 2005 such as: o TADAWUL New Generation o Tick Size o Fixed Income o Tradable Rights I o Market Restructure o Free Float and indexes o XBRL (eXtensible Business Reporting Language) including the continuance discloser of listed issuers and mutual funds at the Saudi Stock Exchange in addition to their financial and non-financial announcements •Prepared and reported the abnormal movements in the market behavior. •Analyzed and responded to the trading issues. •Market administration and maintenance. •Analyzed and responded to the trading issues. •Trading Investigation Reports to Committee of the Resolution of Securities Disputes (CRSD)



SAHAB

• Audit Committee Member

  • Dec 2021 - Present