العـربية
 

Governance Standards

Saudi Arabia’s Council of Economic and Development Affairs (CEDA) oversees the overall performance of the Public Investment Fund, whilst the Board of Directors is responsible for the Fund’s investment policies and strategic decision-making. This includes ensuring that the Fund adheres to governance best practices and achieves the high levels of transparency expected from one of the world’s leading sovereign wealth funds.

 

At the Board level, several oversight committees are emerging from the Board, which meet on a regular basis and are designated with specific responsibilities and delegated authorities, including:

  • Executive Committee
  • Investment Committee
  • Audit, Risk and Compliance Committee
  • Remuneration Committee

The Public Investment Fund’s Executive Management team is responsible for the implementation of Board decisions and directions, and for communicating with the Fund’s investment partners, relevant external stakeholders, and regulatory and oversight authorities.

 

Investment Decisions

The Public Investment Fund has put in place standardized procedures and guidelines to govern investment decisions, focused on building a diversified portfolio which achieves attractive, risk-adjusted returns over the long-term.

 

Board Executive Committee

The Board’s Executive Committee plays a vital role in providing strategic steering and guidance to the management team, particularly in relation to investments, governance, compliance and appointments related activities.

Mohammed Bin Salman Al Saud

His Royal Highness Mohammad bin Salman Al-Saud

Crown Prince, Deputy Prime Minister

Chairman of the Council of Economic and Development Affairs

Chairman of the Public Investment Fund

ADEL MOHAMMED FAKEIH

H.E. Adel Mohammed Fakeih

Minister of Economy and Planning

MOHAMMAD ABDUL MALEK AL SHAIKH

H.E. Mohammad Abdul Malek Al Shaikh

Minister of State and member of the

Saudi Council of Ministers

ADEL MOHAMMED FAKEIH

H.E. Ahmed Aqeel Al-Khateeb

Chairman of the General Authority for Entertainment

Advisor to the General Secretariat of the Cabinet of Ministers

YASIR OTHMAN AL-RUMAYYAN

H.E. Yasir Othman Al-Rumayyan

Managing Director of the Public Investment Fund

Advisor to the General Secretariat of the Cabinet of Ministers

IBRAHIM MOHAMMED AL SULTAN

Eng. Ibrahim Mohammed Al-Sultan

Mayor of Riyadh

ABDULRAHMAN MOHAMMED ALMUFADHI

Mr. Abdulrahman Mohammed Al-Mufadhi

Senior Executive Management

The Managing Director oversees the Fund’s executive management team.