Al-Rumayyan: PIF’s strong governance boosts capital attraction
RIYADH — Public Investment Fund (PIF) Governor Yasir Al-Rumayyan affirmed the PIF’s commitment to good governance through its Governance Center and its role in strengthening institutional capabilities. He made the remarks during the PIF Board Members Forum, which Al-Rumayyan inaugurated in the presence of leaders from the PIF and its portfolio companies. The forum aims to enhance cooperation and…
Yasir Al-Rumayyan, Governor of the Public Investment Fund (PIF), emphasized the importance of good governance at the PIF's Board Members Forum, which he inaugurated. The forum aims to foster collaboration and discuss best practices in governance. Al-Rumayyan highlighted three key advantages that bolster the PIF's capital attraction and investment appeal: the strength of the PIF's partnerships, the valuable insights derived from its data, and the robust governance capacity it has established.
He further explained that the PIF's commitment to governance is evident through the creation of the Governance Center, which translates governance ambitions into concrete results on boards of directors. Since its inception in 2020, the Governance Center has emerged as a premier platform for governance knowledge, capacity building, and thought leadership in the Kingdom and the broader region.
During a panel discussion, Minister of Tourism Ahmed Al-Khateeb shared insights on the Kingdom's tourism sector, discussing the progress made, the growth trajectory, and the sector's increasing influence.
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