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Wednesday, 23 December, 2020 - 12:30 Logo of the Saudi Public Investment Fund (PIF) Riyadh- Asharq Al-Awsat The Saudi Public Investment Fund (PIF) announced a string of new appointments in its executive team under the framework of an expansion strategy to achieve its goals, as one of the main engines of the Kingdom’s economy. The appointments announced Tuesday included Yazeed al-Humied, as new Head of the Fund’s Local Holdings Investments and Rashed Sharif, as Managing Director and CEO of the merged entity of NCB Capital and...

Saudi’s $360bn sovereign wealth fund PIF rejigs top leadership 0 Comments Get daily business news from the region delivered straight to your inbox I agree to the terms and conditions SIGN UP The reshuffle comes as the PIF and its subsidiaries prepare to significantly increase domestic spending December 23, 2020 Saudi Arabia’s sovereign wealth fund overhauled some of its top management as it prepares to take a greater role in the local economy. The $360bn Public Investment Fund on Tuesday said that Fahad Alsaif, chief executive officer of the country’s National Debt Management Cente...

DUBAI: The Public Investment Fund (PIF) has bolstered its top executive team with a string of appointments of Saudi investment specialists to key positions in the Kingdom’s $360 billion sovereign wealth fund. Six key jobs were filled, with two newcomers to the PIF setup. Rania Nashar, one of the leading female financiers in Saudi Arabia, has been made special adviser to PIF Gov. Yasir Al-Rumayyan. Fahad Al-Saif has moved from his role as head of the National Debt Management Center and adviser to the Ministry of Finance to become PIF head of corporate finance. Financial experts said that th...

Saudi Arabia PIF chooses special advisers to governor Rania Nashar and Alireza Zaimi were named special advisers to the governor of Saudi Arabia's sovereign wealth fund, Public Investment Fund, Riyadh. They will advise A source familiar with PIF said the roles were newly created. Ms. Nashar was CEO of Samba Financial Group. She was the first woman to lead a banking group in Saudi Arabia. Mr. Zaimi was head of corporate finance at the fund. He was replaced by Fahad Alsaif, CEO of the National Debt Management Center and adviser to the minister of finance, Mohammed Al-Jadaan. Mr. Zaimi will ...

Saudi’s $360 Billion Wealth Fund Rejigs Top Leadership Bloomberg 12/22/2020 Matthew Martin and Adveith Nair © Bloomberg Construction site debris sits beneath skyscrapers on land surrounding the King Abdullah Financial District (KAFD) in Riyadh, Saudi Arabia, on Tuesday, July 28, 2020. Saudi Arabia suffered a simultaneous decline in oil and non-oil revenue as the global pandemic combined with lower energy prices to jolt the kingdom’s public finances. (Bloomberg) -- Saudi Arabia’s sovereign wealth fund overhauled some of its top management as it prepares to take a gre...