Solaiman Alfnekh

- Lead and oversee the Governance Section, managing staff performance, development, and alignment with the Group’s strategic objectives. - Advise and support the Board of Directors, Committees, and executive management on all corporate governance matters, ensuring adherence to regulatory, statutory, and best practice standards. - Develop, review, and implement governance policies, charters, and board-level frameworks in alignment with CMA regulations and international best practices across the Group and its subsidiaries. - Conduct comprehensive reviews of governance practices and frameworks to identify improvement opportunities; recommend and implement innovative governance models, tools, and processes. - Collaborate with the Board Secretariat to ensure effective governance operations relating to the Board, Committees, and General Assemblies, including agenda setting, documentation, and follow-up actions. - Monitor and assess the Group’s and subsidiaries’ compliance with corporate governance codes, regulatory requirements, and internal standards, and provide recommendations for corrective or preventive actions. - Lead initiatives to promote a strong governance culture, ethics, and accountability across the organization through training, awareness, and engagement programs. - Prepare and present governance reports, dashboards, and performance metrics to senior management and the Board, highlighting key issues, risks, and progress. - Act as a liaison between the Group and external regulators, advisors, and auditors on governance-related matters, ensuring effective communication and compliance. - Drive continuous improvement and innovation in governance practices by benchmarking against international standards and emerging trends. - Contribute to strategic planning and corporate projects by embedding governance principles into decision-making, risk management, and sustainability initiatives.

Serving as an independent committee member providing oversight on audit, risk, and governance matters at the board level. - Contributing to the review and approval of internal audit plans, risk registers, and governance reports. - Providing independent judgment on risk appetite, internal controls, and compliance frameworks. - Supporting organizational accountability and transparency in line with governance best practices.

- Design, plan and execute engaging projects with various key stakeholders. - Develop and maintain relationships with both external and internal stakeholders and partners. - Circulate decisions, directions, standards and promote effective collaboration to achieve strategic objectives. - Design, develop and build frameworks that ensure the highest standards of excellence and integrity. - Participate and Lead projects related to Business and Control activities whether internally or externally. - Ensure proper governance for business activities and related projects. - Supporting the development and monitoring of governance policies aligned with Vision 2030 objectives. - Coordinating on entity setup, licensing, and structural governance for new ventures and investments. - Enhance and develop processes and practices to ensure compliance with standards and directions.

Delivered forensic, compliance, and integrity advisory services to clients across financial services, government, and corporate sectors. - Providing Proactive compliance management services such as ; building Compliance departments for organizations from scratch, building tools that enhance the compliance management systems within organizations and providing assessment and testing services related to compliance risks to mitigate and manage those risks for the organization. - Providing forensic services such as ; investigating cases of crimes either financial or non-financial and other cases that is related to misconduct or individual liability through a process of testing and fact-finding upon a request of the organization. - Providing awareness and training about compliance management and crimes combating to organizations. - Produced board-level reports and presented findings to senior stakeholders and legal counsel.

Appointed as the Board's Audit Committee Secretary in addition to my position as a Compliance Manager.

Compliance, Governance and Financial crimes. - Founded the Compliance department and built it from scratch. - Established the overall Compliance framework of the company. -Managed regulatory relationships and ensured ongoing compliance with SAMA licensing conditions. - Drafted the Compliance set of policies along with the Corporate Governance policies and requirements. - Drafted Control documents to mitigate any risks and to enhance the level of compliance with the requirements. - Led the Compliance system project and built it with the IT team. - Established the AML and CTF policies and procedures to enhance the level of Compliance with the requirements of the regulator on a Risk Based Approach. - Established the Compliance program to ensure a systematic assessment and assurance is provided to the board and the Audit Committee. - Oversaw compliance training programs and built a compliance-first culture across the organization.

- Drafting/Updating the company policies considering necessity of each department. - Conducting testing and Assessment sessions for each department based on a tailored Compliance Program. - Following up on SAMA circulars and requirements to ensure the company alignment with SAMA instructions. - Communication with SAMA on a weekly/quarterly basis to provide documentation, feedback and information as requested. - Ownership on the financial crimes reporting channels such as; whistleblowing, fraud, bribery and corruption. - Coordinating and assisting the Audit department in order to align and implement remediation plans. - Accepting and rejection of potential members by implementing compliance due diligence process on each member based on KYC requirements. -Adapting the Corporate Governance methodology by implementing process, generates reports and following up with the Compliance, Risk and Audit committee reports. - Participating in various Data projects on a National Level as a Compliance representative for the compliance unit.

- Acting as a focal point for liaison with regulators by coordinating regulatory visits along with supporting management in implementing measures and setting controls to mitigate the risks identified. - Monitor regulatory updates from SAMA, CCHI, CMA and other regulators as applicable and communicate to relevant staff. - Conduct a weekly/monthly auditing sessions to all departments and pass observations to management. - Drafting of Corporate Governance methodology, internal rules, policies and procedures (Code of Conduct, Ethics, AML, etc.) - Assist in creation, adoption and implementation of best-practice policies in Corporate Governance. - Gathered information about high-risk customers and follow them on a continuous basis to achieve the goal of enhanced due diligence. - Participated in writing the quarterly reports required by the regulatory bodies such as “SAMA-CCHI” and communicate to relevant staff.

- Collaborated with the compliance team to draft and refine internal company policies and procedures. - Contributed to the preparation of quarterly reports for the Compliance Department, ensuring alignment with SAMA requirements. - Monitored and reviewed daily rental payments to safeguard against money laundering and terrorist financing activities. - Conducted enhanced due diligence by gathering and analyzing data on high-risk customers, maintaining ongoing oversight to mitigate risks.

Legal Affairs : - Was involved in compensation and expropriation cases. - Indexed new cases and reviewed old ones. - Attended hearings in the Administrative Court. - Communicated to company officials in a proper law tone.