Turki Almalik

  • Non-Executive Director

Mr. Almalik is the Deputy Chief Executive Officer and Chief Operating Officer of Sanabil Investments. He joined the company upon its establishment (by a Royal Decree) and capitalization of $8 billion. Mr. Almalik oversaw the company’s incorporation, recruited its teams and built its investment infrastructure. Sanabil invests in private and public investments both globally and within Saudi Arabia.

Mr. Almalik currently serves on the board of directors for the Saudi Exchange (Tadawul), Gulf Investment Corporation, and Almana General Hospitals. Previously, he served during the first term of the Advisory Committee of the Capital Market Authority for Saudi Arabia.

From 2004 to 2009, Mr. Almalik led the Authorization Department of the Capital Market Authority of Saudi Arabia, which licensed over 100 Investment Companies to conduct investment businesses in Saudi Arabia. Prior to that, he worked for several multinational investment firms, including J.P. Morgan and Merrill Lynch at their headquarters in New York, where he implemented investment strategies and managed investment portfolios for institutional clients. Mr. Almalik received his bachelor’s degree in finance with honors from King Saud University and subsequently completed executive leadership programs at the Harvard Business School, Stanford, Wharton and others.