Fahad Al Saif was appointed Saudi Arabia’s Minister of Investment by royal decree of Custodian of the Two Holy Mosques, King Salman bin Abdulaziz, reaching the pinnacle of a career that combines economic vision and financial expertise.
This appointment follows a pivotal tenure at the Saudi Public Investment Fund (PIF), where he helped develop the Kingdom’s comprehensive investment strategy and led global investment finance.
This move comes at a time when efforts to attract foreign capital and deepen international cooperation are accelerating.
Mr. Al Saif will leverage his extensive experience in capital structure, market and sustainability strategies, and relationship management with financial institutions and investors to lead the Ministry of Investment into a new phase, one defined by the integration of strategic planning and smart financing to support the goals of Vision 2030.
At PIF, Mr. Al Saif is Head of Global Investment Finance and previously headed the Directorate of Investment Strategy and Economic Research.
Beyond his executive role, Mr. Al Saif has held a number of important board positions. He chaired the boards of Emaar Economic City and aircraft lessor Abilis, and served on the boards of the Saudi Insurance Authority, ACWA Power, the Saudi Real Estate Refinance Company, and the Regional Voluntary Carbon Market Company. He also held the position of Vice-Chairman of Bari.
Al-Saif brings over 20 years of experience across corporate banking, investments, and global banking services. He previously served as Chief Executive Officer and Director of the National Debt Management Center, served as an advisor to the Minister of Finance, and established the Office of Public Debt Management within the Treasury.
His past directorships include the National Center for Privatization, Saudi Gulf International Bank, and the International Islamic Trade Finance Corporation.
Mr. Al Saif spent several years in the banking sector early in his career, holding multiple positions at Saudi First Bank and senior leadership positions at HSBC Saudi Arabia. He also led the initial public offering of a national commercial bank and served on the Capital Markets Authority’s advisory committee.
