Middle East

FaceOf: Yasir Al-Rumayyan, head of the Saudi Public Investment Fund

Author: Wed, 2018-05-09 23:53

Yasir Al-Rumayyan, 48, is the managing director and chief executive of the Saudi Public Investment Fund.

Having undertaken his undergraduate studies at King Faisal University (1993), he completed his General Management Program at Harvard Business School in 2007.

He is the former CEO of Saudi Fransi Capital LLC (2010) and a member of the boards of the Saudi Stock Exchange, Saudi Aramco and Uber Technologies Inc.

The PIF has recently announced the second Future Investment Initiative (FII), which will take place in Riyadh on Oct. 23-25.

The FII 2018 will bring together renowned visionaries with the power to shape the future of global investment under three themes: Investing in transformation, technology as opportunity, and advancing human potential.

Al-Rumayyan said: “The PIF is developing into one of the worlds leading and most impactful sovereign wealth funds, and we look forward to continuing to build strong strategic partnerships while also showcasing the opportunity for private sector participation as Kingdoms economy continues to expand and diversify.”

Along with his responsibilities as chief executive and managing director of the PIF, Al-Rumayyan is the current director of SoftBank Group Corp, having been appointed in June 2017, as well as a current adviser to the Saudi Royal Court.

PIFs second FII is being organized in the context of the Vision 2030 reform program, which is charting the path for the Kingdom to harness its investment capabilities and strategic location to become a global investment hub that will shape the global economy and investment environment over the coming decades.

Tags: Saudi ArabiaYasir Al-RumayyanMain category: Saudi Arabia FaceOf: Nouf Abdullah Al-Rakan, executive director of the Saudi cyber security federationFaceOf: Badran bin Abdulrahman Al-Omar, president of King Saud University in Riyadh

[contf]
[contfnew]

Arab News

[contfnewc]
[contfnewc]

Related Articles

Middle East

Israel PM ‘flew to Saudi Arabia for secret talks with crown prince’

bbc– Israeli Prime Minister Benjamin Netanyahu secretly flew to Saudi Arabia on...

Middle East

Lebanon’s unfinished revolution: One year after protests, change has yet to come

Issued on: 21/10/2020 – 12:18Modified: 21/10/2020 – 14:28 It's been one year...

Middle East

Israel lauds UAE delegation visit as ‘making history’, Palestinians deem it ‘shameful’

Issued on: 20/10/2020 – 14:27 In an historic first visit by a...

Middle East

Iran rules out weapons ‘buying spree’ as UN embargo is set to expire

Issued on: 18/10/2020 – 07:42 Iran said it was self-reliant in its...