Riyadh - Mubasher: Mulkia Investment Company has appointed Salam bin Zaki Al Khunaizi as CEO, marking a significant transition in the firm’s executive leadership.
The appointment, which was confirmed following a board resolution on 16 June 2026, will see Al Khunaizi take the helm of the Saudi-listed investment firm effective 1 July.
The leadership transition follows the scheduled conclusion of the assignment for Sultan bin Mohammed Al Hadithi, who has served as the company’s Acting CEO. His tenure in the interim role is set to end officially on 30 June.
The Board of Directors finalized the new appointment through a resolution passed on 16 June. The board’s decision to appoint a permanent CEO signals the conclusion of the interim management phase and the commencement of a new leadership chapter for the organization.
Al Khunaizi brings a wealth of institutional knowledge and specialized expertise to Mulkia Investment, supported by a career in the financial sector exceeding two and a half decades.
His professional trajectory includes several of the most prominent financial institutions in the region. Notably, he served as the CEO and a member of the Board of Directors at Saudi Fransi Capital. His leadership experience also extends to his time as the CEO of Samba Capital and Investment Management, where he oversaw significant asset management and investment operations.
In addition to his roles within local investment banks, Al Khunaizi held the position of Head of Equities and Capital Markets at JPMorgan Saudi Arabia.
This background provides him with a comprehensive understanding of both local market dynamics and international financial standards.
Academically, he holds a bachelor's degree in finance, graduating with honors from King Fahd University of Petroleum and Minerals, an institution recognized for producing high-level talent for the Kingdom’s financial and industrial sectors.
In March, the company’s board recommended increasing the capital by granting one bonus share for each 6.5 owned shares.