Mr. Fahad Abduljalil Al Saif

Fahad Abduljalil Al Saif

Board Member

A Board Member of the Insurance Authority since 2024, he holds a bachelor's degree in Information Systems from King Fahd University of Petroleum and Minerals in Dhahran, with extensive experience in areas like treasury management, investments, and corporate finance with both local and international companies. Mr. AlSaif is a Senior Managing Director, Head of Investment Strategy and Economic Insights Division, Head of Global Capital Finance Division at The Public Investment Fund- PIF. Mr. AlSaif worked on developing PIF's green financing framework and obtaining an investment grade inaugural credit rating by international rating agencies, and subsequently launching PIF's debut international bond program; issuing the first green bond with a 100-year tranche, the first bond of its kind globally by a Sovereign Wealth Fund, simultaneously. Among other efforts that support PIF and its portfolio companies, Mr. AlSaif worked on diversifying the sources of capital to fund transformational projects across different sectors. Mr. AlSaif holds more than 26 years of experience in leading diverse functions including treasury, investment, debt capital management, and corporate finance. He started his career in the private sector and served in senior positions in both Saudi British Bank (SABB) and HSBC Saudi Arabia for over a decade. Following his private-sector stint, he then took on a public-sector role within Saudi Arabia's Ministry of Finance, where he served as a senior advisor to the Minister, His Excellency Minister of Finance, and established and headed the ministry's debt management function, later renamed as National Debt Management Centre (NDMC), where he served as the Chief Executive Officer and Board member. Mr.Alsaif holds a Bachelor degree in Management Information Systems from King Fahd University of Petroleum and Minerals, 1998G.

Private Sector:

• Board Chairman, Aircraft Leasing Company (AviLease)
• Executive Committee Chairman, Aircraft Leasing Company (AviLease)
• Board Chairman, Emaar The Economic City (EEC)
• Executive Committee Chairman, Emaar The Economic City (EEC)
• Board member, NEOM
• Board Member, King Salman International Airport Development Company (KSIADC)
• Audit and Risk Committee Chairman, King Salman International Airport Development Company (KSIADC)
• Board Chairman, Gulf International Bank (GIB)
• Executive Committee Chairman, Gulf International Bank (GIB)
• Board member, ACWA Power
• Executive Committee member, ACWA Power
• Board member, Voluntary Carbon Market Company (RVCMC)
• Board Member, Gulf Coast Real Estate Development Company (GCREDC)

Government Sector:

• Senior Managing Director, Head of Investment Strategy and Economic Insights Division, Head of Global Capital Finance Division – PIF
• Management Committee Member- PIF
• Management Liquidity Committee Member-PIF
• Management Credit Committee Chairman –PIF
• Management Investment Committee Member- PIF
• Board Member, Insurance Authority
• Executive Committee Chairman, Insurance Authority
• Financial Sector Development Program member
• FII, BoT Executive Committee Member

Past Professional Experience:

• Advisor to His Excellency the Minister of Finance
• CEO and Board Member – National Debt Management Center
  
• Deputy Managing Director – SABB
• General Manager, Global Banking Services and Markets – SABB
• General Manager and Head of Corporate Finance and Capital Markets – HSBC Saudi Arabia
• General Manager and Head of Debt Capital Management – HSBC Saudi Arabia
• Head of Risk Advisory, Treasury Department – SABB
• Head of Investment and Trade Department, Treasury Department – SABB