Yazeed Al-Humied is the newly appointed head of Local Holdings Investments at the Saudi Public Investment Fund (PIF).
From October 2016 until December 2020, he was the PIF’s chief of staff, managing the fund’s relationships and creating strategic partnerships locally and internationally.
He also managed internal institutional and investment projects to ensure they were completed on time and met quality standards and developed a governance model for PIF portfolio companies while monitoring their performance.
On top of his new role, Al-Humied will contribute to the PIF as a member of various permanent committees including those responsible for management, and portfolio company nomination.
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 Samba Capital, a key strategic PIF portfolio company.
Leading Saudi financier, Rania Nashar was appointed as Senior Advisor to PIF Governor, Yasir al-Rumayyan. In addition, Fahad Alsaif was named as the new Head of Corporate Finance, Alireza Zaimi appointed to the role of Special Advisor to Rumayyan, and Saad al-Kroud as acting PIF Chief of Staff.
PIF strengthens leadership team with key appointments December 22, 2020
Governor of PIF Yasser Al-Rumayyan in this file photo.
RIYADH The Public Investment Fund (PIF) Tuesday announced the appointments of the following key leaders in line with its ongoing growth strategy.
PIF’s Chief of Staff, Yazeed AlHumied will be the new head of the Fund’s Local Holdings Investments and PIF’s Head of Local Holdings Investments, Rashed Sharif, as managing director and CEO of the merged entity of NCB Capital and Samba Capital, a key strategic PIF portfolio company and now the largest bank in Saudi Arabia.
Rania Nashar has been appointed as senior advisor to the Governor of PIF Yasser Al-Rumayyan and Fahad Alsaif has been named the new Head of Corporate Finance.
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