‎PIF names Saad Alkroud as Head of Local Real Estate Investments

‎PIF names Saad Alkroud as Head of Local Real Estate Investments ‎PIF names Saad Alkroud as Head of Local Real Estate Investments

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Logo of Public Investment Fund (PIF)

The Public Investment Fund (PIF) appointed Saad Alkroud as Head of its Local Real Estate Investment Division, while Maram Al-Jahni has been named Acting Chief Administrative Officer (CAO) and Secretary General to the PIF Board of Directors.

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According to PIF’s statement, Alkroud served as CAO at PIF since 2021, as the announcement follows the appointment of Aiman Al-Mudaifer as Managing Director (MD) and CEO of NEOM.

Alkroud will oversee the development of the PIF’s portfolio in the real estate and infrastructure sector within the Kingdom, including mega-projects as well as various other strategic initiatives.

On the other hand, Al-Jahni will lead strategic planning in PIF, data and committee governance, and project management. She will also be responsible for overseeing the affairs of the Fund’s portfolio companies and managing local and international government relations.

Al-Jahni joined the PIF in 2017 after working at PricewaterhouseCoopers (PwC). She brings extensive experience that strengthens her role as CEO, having served since 2021 as Head of Committee and Data Governance and Advisory Support at the PIF.

The new appointments are part of strengthening institutional leadership at the PIF and support the implementation of the Fund’s ambitious long-term strategy and its portfolio of over 220 companies, aimed at creating opportunities for the global economy and leading the economic transformation in the Kingdom, the statement highlighted.

 

Logo of Public Investment Fund (PIF)

The Public Investment Fund (PIF) appointed Saad Alkroud as Head of its Local Real Estate Investment Division, while Maram Al-Jahni has been named Acting Chief Administrative Officer (CAO) and Secretary General to the PIF Board of Directors.

According to PIF’s statement, Alkroud served as CAO at PIF since 2021, as the announcement follows the appointment of Aiman Al-Mudaifer as Managing Director (MD) and CEO of NEOM.

Alkroud will oversee the development of the PIF’s portfolio in the real estate and infrastructure sector within the Kingdom, including mega-projects as well as various other strategic initiatives.

On the other hand, Al-Jahni will lead strategic planning in PIF, data and committee governance, and project management. She will also be responsible for overseeing the affairs of the Fund’s portfolio companies and managing local and international government relations.

Al-Jahni joined the PIF in 2017 after working at PricewaterhouseCoopers (PwC). She brings extensive experience that strengthens her role as CEO, having served since 2021 as Head of Committee and Data Governance and Advisory Support at the PIF.

The new appointments are part of strengthening institutional leadership at the PIF and support the implementation of the Fund’s ambitious long-term strategy and its portfolio of over 220 companies, aimed at creating opportunities for the global economy and leading the economic transformation in the Kingdom, the statement highlighted.

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