DUBAI: (DNA) – Klaus Kleinfeld, a former chief executive of industrial conglomerate Siemens and giant aluminum producer Alcoa, has been appointed an adviser to Saudi Arabia’s Crown Prince Mohammed bin Salman.

Kleinfeld will leave his current position as chief executive of NEOM, a 26,500 square kilometer business zone under development in the northwest of the kingdom, but will retain a position on its board, an official Saudi statement said on Tuesday.

He “will take over wider responsibilities to enhance the economic, technological and financial development of Saudi Arabia”, the statement said.