Corporate Governance

Saudi Tadawul Group upholds the highest standards of corporate governance, ensuring transparency, accountability and sustainable growth. Through robust policies and strong leadership, we reinforce investor confidence and drive long-term value creation.

Governance at Saudi Tadawul Group

The Saudi Tadawul Group Holding Company prioritizes good governance as a core value and practice. This drives it to actively support the implementation of best-in-class corporate governance practices across its subsidiaries while fostering a culture of transparency and integrity guided by the following:

  • Companies Law.
  • Capital Market Law.
  • Corporate Governance Regulations.
  • Implementing Regulation of the Companies Law for Listed Joint Stock Companies issued by CMA.
  • Company Bylaws.

Therefore, the Group updated the governance manual, which was endorsed by the Board of Directors on 29 Rabi Al Thani corresponding to 13 November 2023 and complying with the relevant regulations and rules.

The internal governance of the Group is designed to outline the essential functions necessary for execution, promoting effective decision-making, increasing transparency, ensuring equity and safeguarding the rights of Shareholders and all Stakeholders. The governance manual includes, but is not limited to, provisions on:

  • Shareholders’ rights.
  • Rights related to the General Assembly Meeting.
  • The Board of Directors, its structure, duties and capabilities.
  • Provisions relating to the Committees of the Group, including Committee membership and meetings.

Group’s Organizational Structure

The Group has an organizational structure headed by the Board of Directors and supported by the Executive Management. The Board assumes the ultimate responsibility for the general direction, supervision and control of the Group and the Executive Management.

The following chart sets out the organizational structure of the Group:

The Group’s Divisions/Departments

  • Strategy Division
  • Finance Division
  • Internal Audit Division
  • Regulatory Oversight and Authorization Division
  • Risk and Security Division
  • Human Resources Division
  • Operations Division
  • Information Technology Division
  • Legal Division
  • Sales and Marketing Division

The Group’s Organizational Structure