RIYADH: Saudi Arabia’s Public Investment Fund (PIF) said it appointed Rania Nashar, former CEO of Samba Financial Group, as its head of compliance and governance, Al Arabiya reported.
Nashar joined the fund as a senior adviser to its governor, Yasir Al Rumayyan, in January of this year. She brings with her more than two decades of experience in the banking sector.
PIF recently announced the appointment of Eyas Al-Dossari and Omar Al-Madhi as senior directors to its MENA investments division, and Abdullah Shaker as senior director to its Global Capital Finance Division.
The fund said this month that it had created the position of deputy governor to support the fund’s continued growth and expansion.
Saudi Arabia’s $430 billion PIF is one of the largest and most influential sovereign wealth funds in the world, and the main driver that supports the economic transformation of the Kingdom in accordance with the Kingdom’s Vision 2030 goals.
PIF has increased its employees from 40 in 2016 to more than 1,100 employees today.
