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Saudi PIF boosts leadership team with key appointments
RIYADH, December 22, 2020 Saudi Arabia s sovereign wealth fund, the Public Investment Fund (PIF) today (December 22) announced major changes in its leadership as part of its ongoing growth strategy. PIF’s Chief of Staff, Yazeed AlHumied is the new head of the PIF’s Local Holdings Investments replacing Rashed Sharif, who haas been appointed the 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, said a statement from the top Saudi wealth fund. As part of the shake-up, Saad Alkroud, PIF’s Head of Stakeholder Management, is now the acting PIF Chief of Staff, while Rania Nashar has been appointed as senior advisor to the Governor of PIF, Yasir Al Rumayyan.
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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