With the help of Allah the Almighty
We, Salman bin Abdulaziz Al-Saud,
the King of the Kingdom of Saudi Arabia,
after perusal of the Basic Law of Governance issued by Royal Order O/90 dated 27 Sha’ban 1412 [1 March 1992],
after perusal of the Law of Ministers, Vice Ministers, and Employees of the Excellent Grade issued by Royal Decree D/10 dated 18 Rabi Al-Awwal 1391 [13 May 1971],
after perusal of the Capital Market Law issued by Royal Decree D/30 dated 2 Jumada Al-Thani 1424 [31 July 2003],
after perusal of Royal Order O/387 dated 18 Shawwal 1446 [16 April 2025],
and after perusal of Royal Order O/14 dated 3 Rabi Al-Awwal 1414 [20 August 1993],
We hereby order the following
First
Mr Mohammed bin Abdullah bin Ibrahim Al-Quweiz, Chairman of the Board of the Capital Market Authority, is hereby relieved of his position.
Second
Mr Mazen bin Turki bin Abdullah Al-Sudairy is hereby appointed Chairman of the Board of the Capital Market Authority with the rank of minister.
Third
This order of Ours must be communicated to the competent entities for adoption and implementation.
Salman bin Abdulaziz Al-Saud
Issued on: 30 Safar 1448
Corresponding to: 13 August 2026
Published in Umm Al-Qura 5177 issued on 14 August 2026.