Securities Depository Center Company (“Edaa”) was establish in 2016 as a closed joint stock company in accordance with the Saudi Companies Law issued by Royal Decree No. M/3 dated 28/01/1437, with a capital of SAR 400,000,000 divided into 40,000,000 shares, with a nominal share value of SAR 10, and is fully owned by Saudi Tadawul Group.
The establishment was upon the Capital Market Authority (CMA) approval of Tadawul’s Board of Directors request in relation to converting the Securities Depository Center into a joint stock company in accordance with the Capital Market Law (CML) issued by Royal Decree No. M/30 dated on 2/6/1424H.
“Edaa” aims to emulate Capital Market Strategic objectives in relation to developing infrastructures and subsequent procedures to execute transactions in alignment with international standards. It also aims to enhance the efficiency of securities deposit and registration services offered by the securities depositary center in alignment with Saudi Vision 2030 through developing a more resourceful environment that fosters excellence within all sectors related to the capital market.
The principal activities of “Edaa” is to operate and maintain the Depository and Settlement System (DSS), an electronic book-entry system used to record and maintain securities and to register the ownership of securities. In addition to linking center members through the DSS. “Edaa” also offers several added-value services such as the management of issuers’ general assemblies (GM) including remote voting services (e-Voting), reporting, notifications, and maintenance of critical core data as well as providing other related services. “Edaa” facilitates equity, debt, Sukuk and bonds, ETFs, REITs, Mutual Funds and other financial instruments in the Saudi Arabian Capital Market.

Edaa

Hanan AlShehri

This department focuses on the development and management of custody and settlement services for financial assets.

Custody and Fund Services

This department manages relationships with issuers and provides regulatory services to ensure effective communication and compliance.

Issuer Relations

This department focuses on identifying growth opportunities, managing partnerships, and driving corporate strategy initiatives.

Business Development

This department oversees the integrity of financial reporting and compliance within the organization.

Audit Committee

This department focuses on overseeing and strategizing debt-related processes and operations.

Debt Management

This department oversees the management and specialization of equity-related processes and strategies.

Edaa

Org chart

Teams

Custody and Fund Services

Issuer Relations

Business Development

Audit Committee

Debt Management

Equity Management

Offices

Edaa

Org chart

Teams

Custody and Fund Services

Issuer Relations

Business Development

Audit Committee

Debt Management

Equity Management

Offices

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