HIS EXCELLENCY YASIR OTHMAN H. AL RUMAYYAN (DIN: 09245977) has been the Managing Director since 2015 and later from 2019 as the Governor of the Public Investment Fund, leading all areas of operation of the sovereign wealth fund, which sits at the heart of Saudi Arabia’s Vision 2030 and economic transformation strategy
H.E. Al Rumayyan’s experience encompasses over 25 years working in some of Saudi Arabia’s prominent financial institutions. He began his career at the Saudi Hollandi Bank, where he occupied key positions across various departments before becoming Head of International Brokerage. In 2004, His Excellency joined the Capital Market Authority as part of the founding team, being appointed Director of the Corporate Finance and Issuance Division in 2008. From 2010 until 2015, he served as Chief Executive Officer and Board Member of Saudi Fransi Capital, during which he also sat on the Board of Tadawul, the Saudi Stock Exchange, from 2014 to 2015.
H.E. Al-Rumayyan holds key positions on the boards of some of the world’s most influential companies and organizations, most notably:
- Public Investment Fund (PIF), Board Member (Since 2015) and Governor (Since 2019)
- Saudi Arabian Oil Company (Saudi Aramco), Chairman of the Board (Since 2019)
- Saudi Arabian Mining Company (Ma'aden), Chairman of the Board (Since 2019)
- Saudi Arabian Investment Company (Sanabil Investment), Chairman of the Board (Since 2017)
- Noon Investment Company, Chairman of the Board (Since 2017)
- Red Sea Global, Board Member (Since 2018)
- Qiddiya Investment Company, Board Member (Since 2018)
- Roshn Group Company, Vice Chairman (Since 2018)
- NEOM Company, Board Member (Since 2019)
- NEOM Investment Fund Company, Chairman of the Board (Since 2023)
- Oil Park Development Company, Board Member (Since 2021)
- King Salman International Airport Development Company, Board Member (Since 2022)
- Saudi Electronic Gaming Holding Company (“SAVVY”), Board Member (Since 2022)
- Ceer National Automotive Company, Board Member (Since 2022)
- Golf Saudi Company, Chairman of the Board (Since 2019)
- Industrial Company for Electronics (“ALAT”), Board Member (Since 2022)
- Magic Leap Inc., Chairman of the Board (Since 2023)
- Newcastle United Limited, Chairman of the Board (Since 2021)
- LIV Golf Investment Company LTD., Chairman of the Board (Since 2021)
- Aviation Service Company (Riyadh Air), Chairman of the Board (Since 2021)
H. E. Al-Rumayyan holds a degree in Accounting from King Faisal University in Saudi Arabia and completed the Harvard Business School’s General Management Program.