Saudi Arabia plans to localise leadership positions in companies
The Ministry of Human Resources and Social Development (MHRSD) is studying the prospect of Saudization of leadership positions.
Ahmed Al-Sharqi, the assistant undersecretary for labor policies at the ministry, said that the ministry is carrying out studies in this regard in cooperation with other government agencies.
He also highlighted the importance of maintaining balance in the process of Saudization of leadership positions in companies.
Referring to the ministry’s initiatives to attract foreign investments, Al-Sharqi said that major companies need flexibility in attracting special competencies at the very outset of pumping investments into the Kingdom.
The ministry is keen to have high flexibility in the Saudization of leadership positions in the companies with ensuring competence of those taking up such positions and this is through acquiring experience and knowledge in a gradual way.
“Hence, the ministry wants to achieve Saudization of these jobs in a periodic basis,” Al-Riyadh newspaper reported quoting him as saying.
