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Tue 22 Mar 2016 11:56 AM

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Saudi bourse confirms Hussan as chief executive

Khalid Abdullah al-Hussan had been serving as acting CEO for the bourse, known as Tadawul since Adel al-Ghamdi resigned from his position in November

Saudi bourse confirms Hussan as chief executive
(FAYEZ NURELDINE/AFP/Getty Images)

The board of Saudi Arabia's stock market has formally appointed Khalid Abdullah al-Hussan as chief executive effective from Mar. 21, according to a statement posted on the Capital Market Authority website.

Hussan had been serving as acting CEO for the bourse, known as Tadawul, since former head Adel al-Ghamdi resigned from his position in November.

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