Faissal AlTajel promoted to Head of Product Development at Muqassa

Faissal AlTajel has been promoted to Head of Product Development at Muqassa (Securities Clearing Center Company), marking a significant milestone in a career dedicated to advancing innovation and operational excellence within Saudi Arabia’s capital markets ecosystem.

With more than 11 years of experience across financial services, securities clearing, settlements, and product development, Faissal has consistently demonstrated a strong ability to transform strategic ideas into impactful market solutions. Throughout his journey at Muqassa, he has held several key leadership positions, including Manager of Cash & Fixed Income Operations, Cash & Fixed Income Operations Senior Team Leader, and Clearing Operations Senior Lead Specialist, contributing to the organization’s growth and operational advancement.

Known for his expertise in product development, strategic initiatives, process optimization, revenue enhancement, and post-trade services, Faissal has played an instrumental role in strengthening financial market infrastructure while driving customer-focused innovation. His commitment to operational efficiency and cross-functional collaboration continues to support the evolving needs of the capital markets sector.

In addition to his leadership role at Muqassa, Faissal serves as a Member of the Technical Committee for Financial Services at the Saudi Standards, Metrology and Quality Organization (SASO), further reflecting his dedication to industry development and best practices.

Armed with an MBA from Al Yamamah University and a strong foundation in business administration, Faissal is well-positioned to lead Muqassa’s product innovation strategy and contribute to the continued evolution of Saudi Arabia’s financial services landscape.