Executive Team

Mr. Raed Ibrahim Al-Humaid

Chief Executive Officer

Mr. Al-Humaid is currently a Board Member and the Chief Executive Officer of the Securities Depository Center Company (Edaa), in addition to being a member of the Board of Directors of Saudi Exchange Company and the Clearing Center Company (Muqassa). Mr. Al-Humaid has more than 20 years of experience during which he held many roles, responsibilities and leadership positions in the Capital Market Authority, the last of which was the position of the CMA Deputy for Market Institutions in 2018 where he reported directly to H.E. the Chairman of CMA, and he also supervised operations, business management and strategies for developing and drafting many Capital Market rules and regulations. Mr. Al-Humaid holds a Bachelor’s degree in Industrial Engineering from King Saud University, and an MBA from the Hull University in the United Kingdom, Mr. Al-Humaid has multiple certifications in various fields.


Mr. Waiel Al Rashed

Chief Operations Officer

Waiel began his career with Edaa Since it started practicing its services in January 2017. Prior to that, Waiel took executive roles in the Saudi Stock Exchange (“Tadawul”) since he joined in 2008, the last position he held was Head of Securities Depository Center Department. Previously Waiel worked for eight years at Al-Rashed Consultants & CPAs.

Waiel is an administrative and advisory expert with over than 18 years of experience in leading professional and financial Corporations with a Bachelor of Business Administration & Diploma in Computer Operations from USA. Waiel is recognized for Chang & projects management, operational and managerial Solutions implementation/execution.


Mr. Mohammad Alyahya

Head of Corporate Planning and Control

Mohammad has more than 14 years of experience where he has successfully led various roles and responsibilities in the areas of information technology, digital transformation, strategic planning and quality management.

In addition to various recognized professional certifications, Mohammad holds a Bachelor’s Degree in Computer Engineering from King Fahad University of Petroleum and Minerals and MBA in international management and leadership from Furtwangen University–Germany, and Executive MBA from Al Yamamah University.