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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 the new team would likely focus on PIF’s mission to stimulate investment inside the Kingdom as a key part of its remit to enhance economic diversification under the Vision 2030 strategy. ....
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