RIYADH: King Saud University will be transformed into an independent, non-profit academic institution after a royal order was issued by Crown Prince Mohammed bin Salman, Saudi Press Agency reported on Tuesday.
Under the directive, the university will come under the umbrella of the Royal Commission for Riyadh City and a board of directors has been formed, the SPA report added.
The board of directors is to be headed by Yousef bin Abdullah Al-Benyan and the vice-chairman will be the Minister of Human Resources and Social Development Ahmad bin Sulaiman Alrajhi.
The remaining members of the board are as follows: the minister of Communications and information technology, the minister of transport and logistics services, the minister of industry and mineral resources, the president of King Saud University, the president of the Saudi Authority for Data and Artificial Intelligence, Fahd bin Abdulmohsan Al-Rasheed, the CEO of King Faisal Specialist Hospital and Research Center, the governor of the Small and Medium Enterprises General Authority (Monsha’at), the CEO of Riyadh Non-Profit Foundation, the president of King Abdullah University of Science and Technology, the CEO of the Saudi Tourism Authority, the chairman of the board of directors of the Council of Saudi Chambers, a representative of the Public Investment Fund, Salman bin Mutaib Al-Sudairi, Tal Hisham Nazer, and the CEO of the Saudi Research and Media Group Jomana Al-Rashed.
Al-Bunyan expressed his appreciation to King Salman and the crown prince for the order to form the new board of directors and entrusting him with the chairman position.