Saudi PIF names ex-Samba CEO Nashar as head of compliance and governance

Nashar joined the PIF as a senior advisor to its governor Yasir al-Rumayyan in January this year

  
Skyscrapers in Riyadh, Saudi Arabia. Image used for illustrative purpose

Skyscrapers in Riyadh, Saudi Arabia. Image used for illustrative purpose

Getty Images

DUBAI: The Public Investment Fund (PIF), Saudi Arabia's $430 billion sovereign wealth fund, has appointed Rania Nashar, a former chief executive of Samba Financial Group, as its head of compliance and governance, the fund said on Thursday.

Nashar joined the PIF as a senior advisor to its governor Yasir al-Rumayyan in January this year, drawing on more than two decades of banking industry experience.

PIF said this months it had established two deputy governor roles to support the fund's continued growth and expansion.

(Reporting by Saeed Azhar; Editing by Edmund Blair) ((Saeed.Azhar@thomsonreuters.com; +971 44536787; Reuters Messaging: saeed.azhar.reuters.com@reuters.net))


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