Yasir Al-Rumayyan | Gulf Business
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Yasir Al-Rumayyan

Chairman, Aramco/Governor, PIF

Origin: KSA

Residence: KSA

Sector: Diversified

Backed by a massive pool of resources, Yasir Al-Rumayyan, the governor of Saudi Arabia’s Public Investment Fund (PIF) has had a busy last year. With plans to grow its assets under management to around SAR4tn by the end of 2025, the kingdom’s sovereign wealth fund has been frequently making headlines. Last year, it led the acquisition of Newcastle United and raised $3.2bn from the sale of its stake in telecom operator stc.  

Meanwhile, Saudi Aramco, the world’s biggest oil producer, of which Al-Rumayyan is chairman, recently discovered natural gas fields that can produce over 100 million cubic feet per day in total. Al-Rumayyan, who also serves on the boards of Uber and Reliance Industries Limited, is expected to play a key role in the country’s growth agenda.  


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