SAUDI ARABIA

PIF Governor Al-Rumayyan receives 2022 ABANA Achievement Award

December 01, 2022
Yasir Al-Rumayyan has been Governor of PIF since 2015.
Yasir Al-Rumayyan has been Governor of PIF since 2015.

NEW YORK — Governor of Saudi Arabia's Public Investment Fund (PIF) Yasir Al-Rumayyan received on Wednesday the 2022 ABANA Achievement Award in New York for outstanding leadership in banking and finance, as well as a proven commitment to positive cooperation between the US and the MENA region.

Al-Rumayyan has been Governor of PIF since 2015, leading all areas of operations of the sovereign wealth fund, which sits at the heart of Saudi Arabia’s Vision 2030 and economic transformation strategy.

Al-Rumayyan’s experience encompasses over 25 years of 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 the head of International Brokerage.

In 2004, he 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.

He holds key positions on the boards of some of the world’s most influential companies and organizations, most notably as chairman of Saudi Aramco, the world’s most valuable listed company, a position he has held since September 2019. He has also been chairman of Ma’aden since September 2019.

Al-Rumayyan is currently a board member of Uber Technologies Inc. and ARM Limited.

He holds a degree in accounting from King Faisal University in Saudi Arabia and is a graduate of the Harvard Business School’s General Management Program.


December 01, 2022
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