Management Team

Mr. Al-Hazzani is the Chief Executive Officer of Muqassa and has held that position since its establishment in May 2018.

He also serves as a member of the Board of Directors of the Security Depository Center Company (Edaa) since 2018 and Saudi Exchange since April 2021. Prior to his appointment as the CEO of Muqassa, Mr. Al-Hazzani held a variety of positions such as Head of Clearing and Settlement and was a Risk Planning Manager who was responsible for maintaining risk management processes and policies for Saudi Exchange and designed, developed and recommended a variety of strategies in order to minimize risk exposure. 

He carries a breadth of knowledge in the capital markets, risk management, clearing and settlement industry. He held many leading positions within the Saudi Stock Exchange (Tadawul), including heading the clearing and settlement function, along with the Post-Trade Transformation Program.

Mr. Al-Hazzani holds an MBA, a Minor in Finance and a Bachelor’s degree in Computer Science from King Saud University, Saudi Arabia.

Mr. Al Somali joined" Muqassa"in January 2022, as Head of Cash & Fixed Income Operations. In April 2023, Mr. Al Somali was appointed as Chief of Operations at "Muqassa".

Mr. Ahmed  has over 20 years of  broad experience in operations in the financial and banking sector, holding multiple leadership roles in different financial institutional companies.

Mr. Ahmed Al Somali holds a bachelor’s degree in public administration from King Abdulaziz University. In addition, Mr. Al Somali holds an executive leadership program certificate from INSEAD.

Mr. Meshal joined Muqassa in September 2021 as Head of Risk Modelling and Methodology. In September 2023, Mr. Al Homaid was appointed as Chief of Risk Management Muqassa.

Mr. Meshal has over 17 years of extensive experience in Risk Management in the Financial Sector in a number of leading banks in the Kingdom of Saudi Arabia. Mr. Al Homaid’s experience include holding roles in Credit Control and Monitoring, Risk Reporting, Enterprise Risk Management and Risk Modelling.

Mr. Al Homaid holds a Bachelor’s degree in Information Systems from King Saud University and a Master’s Degree in Information Systems Management from The University of Sheffield.
 

Mansour Altais is the Chief of Business Development at the Securities Clearing Center company “Muqassa”, a subsidiary of Saudi Tadawul Group.

Mansour joined Muqassa in 2020 as the Business Services & Sales Manager, where he established the company’s Account Management & Sales teams, and was a main contributor to the implementation of clearing services in different markets, including equities, fixed income, exchange-traded derivatives, and Repo markets.

Mansour was also part of the Post Trade Program, with a main focus to raise awareness on the value of the Clearing House’s products and services in the Saudi Financial market.

Prior to joining Muqassa, he gained an extensive experience in the global banking industry in his role as Senior Relationship Manager, with client coverage of banking sector and later leading the growth of non-banking FIs sector.

Mansour holds a Bachelor’s Degree in Business Administration from Cape Breton University, Canada, along with several professional certifications from prestigious institutions specialized in Management and Leadership.