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English news

03-Jul-2018

Klaus Kleinfeld, currently CEO of NEOM, named adviser to Crown Prince

Klaus Kleinfeld, a former chief executive of Siemens and Alcoa, has been appointed an adviser to Saudi Arabia’s Crown Prince Mohammed bin Salman effective as of 1 August, according to a report on the Maal financial news website. Kleinfeld will leave his current position as chief executive of NEOM, a planned mega-city and business zone in the kingdom, but will retain a position on its board. Kleinfeld will take over wider responsibilities to enhance the economic, technological and financial development of Saudi Arabia. Nadhmi al-Nasr, who was tasked with developing the strategy for the mega-city and has more than 30 years of experience at oil giant Aramco, will take over as chief executive of NEOM. 

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