{"id":239101,"date":"2025-10-20T17:51:09","date_gmt":"2025-10-20T17:51:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/239101\/"},"modified":"2025-10-20T17:51:09","modified_gmt":"2025-10-20T17:51:09","slug":"saudi-arabias-320-billion-pension-fund-names-ex-banker-as-ceo","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/239101\/","title":{"rendered":"Saudi Arabia\u2019s $320 Billion Pension Fund Names Ex-Banker as CEO"},"content":{"rendered":"<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Saudi Arabia\u2019s $320 billion pension fund manager has hired the former head of local investment bank <a href=\"https:\/\/www.bloomberg.com\/quote\/1003706D:AB\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Riyad Capital<\/a> as its new chief executive officer. <\/p>\n<p class=\"ArticleBodyText_articleBodyContent__17wqE typography_articleBody__3UcBa\" data-component=\"paragraph\">Sabty Sulaiman Al-Sabty will take over as CEO on Dec. 1, a <a href=\"https:\/\/www.bloomberg.com\/quote\/3257040Z:AB\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Hassana Investment Co. <\/a>spokesperson told Bloomberg News. He succeeds Saad Alfadly, who left after over a decade in the role and later joined <a href=\"https:\/\/www.bloomberg.com\/quote\/BN:CN\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Brookfield Asset Management Ltd. <\/a>as chairman of its <a href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-08-04\/brookfield-taps-320-billion-fund-s-ex-ceo-as-saudi-chairman\" target=\"_blank\" rel=\"noopener nofollow\" class=\"media-ui-Link_link-tVkXhPLPofs-\" data-component=\"link\">Saudi Arabia operations<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"Saudi Arabia\u2019s $320 billion pension fund manager has hired the former head of local investment bank Riyad Capital&hellip;\n","protected":false},"author":2,"featured_media":239102,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[39],"tags":[132103,28,11642,30623,11637,27878,132102,27252,147,530,9107,131,98811,25394],"class_list":["post-239101","post","type-post","status-publish","format-standard","has-post-thumbnail","category-personal-finance","tag-brookfield-asset-mgmt-a","tag-business","tag-c-suite","tag-capital-markets","tag-chief-executive-officer","tag-fund-manager","tag-hassana-investment-co","tag-industries","tag-personal-finance","tag-personalfinance","tag-regulation","tag-saudi-arabia","tag-securities-market","tag-superannuation"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/239101","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=239101"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/239101\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/239102"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=239101"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=239101"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=239101"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}