Biography

Mr. Alhumied is Vice Chairman of the Board and member of the Nomination and Remuneration Committee. He is a non-executive Board member and representative of the Public Investment Fund. Mr. AlHumied is the Deputy Governor and Head of MENA Investments at the Public Investment Fund (PIF). In addition to his responsibilities as a Deputy Governor, as the MENA Investments Head he is responsible for managing two key investment pools: Saudi Equity Holdings and Saudi Sector Development with a significant number of key assets under management. In addition, he also looks after attracting international strategic partners to invest in Saudi Arabia to localize cutting edge technologies, as well as enable effective execution of PIF's role as a driver of the Kingdom's economy. Mr. AlHumied joined PIF in 2015 post PIF's reallocation to Council of Economic and Development Affairs- as an Advisor to His Excellency the Governor of PIF- to contribute to the restructuring of the Fund and to drive development of its strategy. In 2016, he was appointed as the Chief of Staff, in addition to maintaining his advisory position. During this time, Mr. AlHmied's achievements were outstanding and included approval and delivery of PIF updated strategy and business plan, managing PIF investment projects involving establishing of new companies, developing a comprehensive governance model for PIF portfolio companies, establishing the foundations and mechanisms for nominating and appointing PIF representatives in the Boards and committees of PIF portfolio companies, developing several international strategic partnerships, and enhancing PIF relations to become an enabler to other local entities. Overall, during 18 plus years of career, Mr. AlHumied has had extensive experience and exposure in both financial and management domains, starting his career at Price Waterhouse Coopers in 2004 – where he stayed until 2008 and left to join the Capital Market Authority (CMA) – where he worked until 2015. At CMA, he headed the Mergers and Acquisitions team and was fully exposed to international investment practices as he was also seconded to work at the Malaysian Securities Commission and the regulatory body of mergers and acquisitions in the United Kingdom. He also served as an Advisor to H.E the Chairman of CMA, enabling him to develop a comprehensive understanding of CMA and its practices. Mr. AlHumied's contributions extend beyond his executive roles - into the domains of corporate and supervisory governance of PIF- through his roles as a chairman of Management Risk Committee, Vision Realization Program Steering Committee, and Information Technology Steering Committee. And his contributions extend through his memberships in several committees such as Management Committee, Portfolio Companies Nomination Committee, Management Investment Committee, Management Risk Committee and Management Liquidity Committee as well as his memberships in the Boards of several leading public and private sector organizations. His Board assignments include: Chairman of the National Security Services Company (SAFE), Vice Chairman for the Saudi National Bank (SNB), the Saudi Tadawul Holding Group (Tadawul), Saudi Telecom Company (STC), and Saudi Egyptian Investment Company (SEIC), Desert Resorts Development Company; Saudi Arabian Airlines (Saudia). And board membership in Saudi Electronic Gaming Holding (SAVVY), Red Sea Cruise Company, Saudi Information Technology Company (SITE), Water Solutions Company, Matarat Holding Company, Richard Attias & Associates and Flyadeal; in addition to being a member in several sub-committees of the aforementioned Boards of Directors.

Current Board Positions

Saudi National Bank

Vice-Chairman

Board Meeting Attendance

Year	Company	Attended	Total	Rate
2024	Saudi National Bank	6	—	—

All Current Positions