Saudi wealth fund is said to hire ex-HSBC executive as director
Published 04 Aug,2021 via Bloomberg Markets - Saudi Arabia’s wealth fund appointed Omar Jahidi as its director of investments in the Middle East and North Africa, according to people familiar with the matter, the latest in a string of appointments to help expand its reach.
Jahidi, previously the director for investment banking advisory at HSBC Holdings Plc in Saudi Arabia, will be joining the Public Investment Fund in the coming weeks, the people said, asking not to be identified because the appointment hasn’t been made public.
He will report to Eyas AlDossari, head of investment advisory within the MENA investments division, who was formerly in charge of investment banking for Saudi Arabia at Goldman Sachs Group Inc. and also worked at HSBC.
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Matthew Martin