The International Organization of Securities Commissions (IOSCO) has re-elected Khalid bin Abdulaziz Al-Homoud, as member of its Board of Directors, and Vice-Chairman of Africa and Middle East Regional Committee of the IOSCO for a new term that commences in June 2020. The election of the member of the Board of the Saudi Capital Market Authority comes in appreciation of the developments in the Saudi financial market that have been achieved through the implementation of the objectives of the "developing the financial sector" program, which is one of the Saudi Vision 2030 programs.