Committee Members

The members of CRSD are appointed through a CMA Board resolution for a renewable three-year term. The law did not fix a certain number of CRSD members.

To provide more guarantees for litigators, the Capital Market Law provided for the members of CRSD not to have any direct or indirect financial or commercial interest nor have a family relationship up to the fourth degree with the parties of a complaint or suit brought before CRSD. The Capital Market Law also provided for substantive standards through which members of CRSD are selected. These members must be legal advisors specialized in the doctrine of transactions and capital markets, as well as being experts in commercial and financial matters along with securities cases.

The first CRSD started its functions on 07/11/1425 H. (19/12/2004 G.), where CMA Board decision No. (2-31-2004) dated 07/11/1425 H. (19/12/2004 G.) was issued to appoint CRSD members at its first term. CRSD members include the following:​

​Name​​​
​Title
Dr. Mohammed Abdullah Al-Marzouki
chairman
Dr. Khaled Hassan Ba-Naser
member
Mr. Saud Abdulrahman Al-Shammari
member

Members of CRSD at its first term enjoy brilliant and extended scientific qualifications with long professional experiences, such as working in legislative and judicial committees and chairing some, in addition to providing legal advice and participating in academic researches and forums specialized in commercial adjudication.

The assignment of all first-term members of CRSD was renewed for a second term through CMA Board decision No. (1/2/2008) dated 06/01/1429 H. (14/01/2008 G.), for a further period of three years.

The assignment of all current members of CRSD was renewed as per CMA Board decision No. (6/31/2010) dated 24/12/1431 H. (30/11/2010 G.), for a further period of three years.​​

Dr. Khalid Abdulmohsen Al-Mheisen has been appointed as the fourth member of CRSD by decision of CMA Board decision No. (1-6-2012) dated 13/03/1433 H; for a period of three years starting the date of this decision.

The decision No. (2-49-2013) dated 17/1/1435 H. corresponding to 20/11/2013 G, was issued for the reformation of CRSD. The re-formed committee is now composed of :

1- Mr. Saud Abdulrahman Al-Shammari, chairman

2- Dr. Khaled Hassan Ba-Naser, member

3- Dr. Khalid Abdulmohsen Al-Mheisen , member

4- Dr. Abdulaziz Sulaiman Alateeq , member

​Name​​
​Title
Mr. Saud Abdulrahman Al-Shammari
chairman
Dr. Khaled Hassan Ba-Naser
member
Dr. Khalid Abdulmohsen Al-Mheisen
member
Dr. Abdulaziz Sulaiman Alateeq
member

Mr. Abdullah Moahmmed Semsem was assigned as a substitute for Dr. khalid Abdulmohsen AL-Mheisen by decision of CMA Board decision No. (27-25-2015) dated 03/06/1436 H

Dr. Khalid Othman Al-Omair has been appointed as the fifth member of CRSD by decision of CMA Board decision No. (03-68-2016) dated 01/09/1437H.

The term of all current CRSD members was renewed by CMA Board resolution No. (1-126-2016) dated 15/1/1438 H. (16/10/2016), for another three years.​

Dr. Mohammed Abdulrahman AlShuaiby has been appointed as the sixth member of CRSD by decision of CMA Board decision No. (06-89-2017) dated 05/01/1439H.