Waleed Al-Saadi, acting CEO of National Grid SA

Waleed Al-Saadi
Updated 25 August 2019

Waleed Al-Saadi, acting CEO of National Grid SA

Waleed Al-Saadi is the acting CEO of National Grid SA, which is owned by the Saudi Electricity Co. (SEC).

National Grid SA is responsible for operating and maintaining the electrical grid, continuing its stability to ensure the transmission of electric power to load centers across the Kingdom.

Al-Saadi was previously the vice president of the technical services business unit at National Grid SA from 2012. Before that, he was the department manager of a substation in Riyadh from 2005 to 2011.

He worked at the SEC for more than 24 years. Between 1995 and 2004, he worked in a transmission substation covering general maintenance. His responsibilities included fault investigation, maintenance planning and managing lab protection activities. 

He is a member of several technical organizations, such as the Saudi Council of Engineering, the Arab Institute of Operations and Maintenance and the International Council on Large Electric Systems (Cigre). 

Al-Saadi holds a bachelor’s degree in electrical engineering from King Saud University, Riyadh.

He has participated in several international conferences, covering power system protection development in the UK and Cigre meetings throughout the Middle East. 

Al-Saadi said that the company’s vision is to assist with Saudi Arabia’s Vision 2030 reform plan and the strategic transformation program of the SEC, which seeks to make the Kingdom a regional electricity interconnection hub between Asia and Africa.

Turki Al-Khalaif, CEO of Saudi Arabia’s Entrustment and Liquidation Center

Updated 13 min 25 sec ago

Turki Al-Khalaif, CEO of Saudi Arabia’s Entrustment and Liquidation Center

Turki Al-Khalaif has been CEO of the Entrustment and Liquidation Center (Infath) since December 2019.

He also worked as managing director at Infath from April 2019 to December 2019.

Al-Khalaif gained his bachelor’s degree in business administration from King Fahd University of Petroleum and Minerals, Dhahran, in 2003.

He received a high diploma in private equity from the London Business School in 2009 and an MBA in general management from the University of Hull in the UK in 2010.

Al-Khalaif also completed a master’s degree in investments analysis at the University of Stirling, Scotland, in 2011.

Before his current position, he worked as a financial analyst at Samba Financial Group, Alkhobar, from March 2003 to March 2004.

He also worked as an accounting assistance manager at Saudi Pharmaceutical Industries and Medical Appliances Corp., Qassim, between March 2004 and February 2009.

Al-Khalaif worked as a financial analyst at Morgan Stanley, Glasgow, between August 2010 and July 2011.

He also worked as CFO of the Warehousing & Logistics Services Co., Riyadh, from March 2013 to March 2015, and was an internal audit committee member and investment audit committee member from March 2013 to December 2017.

He was vice president of strategic and business development at Cayan Group in Riyadh and Dubai between March 2015 and January 2018.

Al-Khalaif was also ministerial adviser for the real estate contributions committee at the Ministry of Commerce and Investment, Riyadh, between October 2017 and October 2018.

He then became chief investment officer of the National Housing Co., Riyadh, from January 2018 to March 2019.