Saudi wealth fund creates new senior roles, MENA investments division to spur growth
Saudi Arabia’s Public Investment Fund created two new deputy governor roles and expanded its local holdings division to become MENA Investments as it seeks more growth.
Turqi Alnowaiser and Yazeed Alhumeid were named the two deputy governors in a statement from PIF on Tuesday (June 8).
They will support the fund’s continued growth and expansion and will also act as deputies at selected existing management committees on behalf of the governor Yasir Al-Rumayyan, said PIF.
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