New senior officer hired at Saudi Public Investment Fund


(MENAFN) As it expands its role in efforts by the kingdom to diversify its economy, Saudi Arabia's Public Investment Fund (PIF) has appointed new senior staff.

According to his LinkedIn profile, Greg Bankhurst has been appointed chief development officer, he was formerly chief executive of Qatari Diar, the property arm of Qatar's sovereign wealth fund.

PIF plays major role in reducing Saudi Arabia's dependence on oil exports by lading urban development and industrial projects.

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