Fahad Al-Sudairi, president and CEO of Saudi Electricity Co.

Fahad Al-Sudairi
Updated 10 April 2019

Fahad Al-Sudairi, president and CEO of Saudi Electricity Co.

As president and CEO of the Saudi Electricity Co. (SEC), Fahad Al-Sudairi leads the largest utility company in the Middle East and North Africa region. SEC is responsible for the generation, transmission and distribution of electricity in Saudi Arabia.

Recently, Al-Sudairi was a featured speaker at the inaugural Saudi Energy Forum (SEF) in Riyadh, organized by information consultancy Gulf Intelligence and attended by an estimated 400 representatives of the Saudi energy and mining sectors.

The conference served to strengthen links between energy authorities with the goal of adapting to the opportunities and challenges that the present-day energy industry offers.

Al-Sudairi obtained his bachelor’s degree in accounting from the University of North Dakota in 1983, after which he started his career with the Saudi American Bank (now Samba Financial Group) and continued in the banking sector for a decade holding various key roles in several banks.

In June 1994, he joined SEC as a senior accountant in the finance department. Al-Sudairi worked his way through the ranks to become executive vice president and chief financial officer, responsible for managing corporate finances and leading the company’s strategic transformation.

The SEC board of directors appointed Al-Sudairi as acting company president and CEO in November 2018. He also serves on a number of other boards including as acting chairman at Dawiyat Telecom Co. and as a board member of the Saudi Power Procurement Co. (SPPC).  


Wait is almost over for music fans eager to learn who will headline E-Prix concerts

Updated 13 November 2019

Wait is almost over for music fans eager to learn who will headline E-Prix concerts

  • Organizers promise this year’s line-up of international stars at Diriyah event will be bigger than ever

RIYADH: The first of the major international music acts that will perform at the Diriyah E-Prix this month will be announced on Wednesday.

There were incredible scenes at the event last year when David Guetta, One Republic, the Black Eyed Peas, Amr Diab, Enrique Iglesias and Jason Derulo rocked the UNESCO World Heritage site. About 40,000 fans flocked to the Diriyah Circuit, on the outskirts of Riyadh, for the after-race concerts, the first unsegregated music events in Saudi Arabia

The stage is set for even bigger and better things this year, with the promise of another two nights of unmissable music on Nov. 22 and 23 as the E-Prix racing returns.

“If you were one of the 40,000 who were lucky enough to be part of that watershed moment (last year) for the Kingdom, believe me, you have not seen anything yet,” said Prince Abdul Aziz Al-Faisal Al-Saud, chairman of the General Sports Authority.

“Last year we told people before we announced (the acts) they should get their tickets early to avoid disappointment. Once we revealed who was coming, the tickets sold out incredibly quickly. This year will be the same but even bigger, so for music fans who want to enjoy the biggest concerts in Saudi Arabia, the smart move is to get your ticket now.”

The Diriyah E Prix kicks off the sixth season of the ABB FIA Formula E Championship, the world’s premier all-electric motorsport series, with a double header of races. It also marks the start of Diriyah Season, a month of sport, entertainment, art, cultural festivities, food and retail experiences. Tickets for the Diriyah E Prix, which include entry to the after-race concerts, are available at www.diriyahseason.sa.