The Public Investment Fund (PIF) has appointed Omar Jahidi as its Director of Investments, the latest in a string of appointments to help expand its reach.
AJahidi, previously the Director for Investment Banking Advisory at HSBC Holdings in Saudi Arabia, 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 and also worked at HSBC.
Jahidi joins the PIF at a time when the fund is quickly expanding
The PIF has made a spate of senior appointments recently, naming Turqi Alnowaiser and Yazeed Alhumied as deputy governors and hiring Abdullah Shaker, who previously worked for Saudi AlBaraka Banking Group and HSBC.
Jahidi joins the PIF at a time when the fund is quickly expanding, transforming from a primarily domestic holding firm into a driving force behind Crown Prince Mohammed bin Salman’s aspirations to overhaul the Kingdom’s economy.