PeopleofSuperintelligence

Public voice

Yasir Al-Rumayyan

Also known as ياسر الرميان, Yasir bin Othman Al-Rumayyan, Yasir Othman H. Al Rumayyan

Yasir Al-Rumayyan governs Saudi Arabia's Public Investment Fund, the kingdom's sovereign wealth fund, and in February 2024 he pitched the kingdom as a prospective AI hub outside the US. He earns an accounting degree from King Faisal University in 1993, and his next posts are at the Capital Market Authority and Saudi Fransi Capital. He becomes managing director of the fund in 2015 and its governor in 2019, and in September 2019 he is made chairman of the Saudi Aramco board. In March 2024 the New York Times reported a planned Saudi AI fund of about $40 billion, and Andreessen Horowitz has discussed a possible office in Riyadh with Yasir Al-Rumayyan. As of October 2026, he remains governor of the fund and chairman of Saudi Aramco.

Now at
Public Investment Fund and Saudi Aramco
Photo of Yasir Al-Rumayyan

Timeline

  1. 1993

    An accounting degree

    In 1993 he earns a bachelor's degree in accounting from King Faisal University.

  2. 2004–2008

    Founding team at the CMA

    He joins the Capital Market Authority's founding team in 2004 and becomes director of corporate finance and issuance in 2008.

  3. 2010–2015

    Running Saudi Fransi Capital

    At Saudi Fransi Capital he serves as chief executive from 2010 until 2015.

  4. 2015–2019

    Managing director of PIF

    In September 2015 he is appointed managing director of the Public Investment Fund, a post he holds until 2019.

  5. 2019

    Governor of PIF and Aramco

    He becomes governor of the Public Investment Fund, the kingdom's sovereign wealth fund, in 2019. In September 2019 he is made chairman of the Saudi Aramco board.

  6. February 2024

    An AI hub outside the US

    In February 2024 he pitches the kingdom as a prospective hub for AI activity outside the US, citing its energy resources and funding capacity.

  7. March 2024

    A reported $40 billion AI fund

    The New York Times reports in March 2024 that Saudi Arabia plans a fund of about $40 billion for AI. Andreessen Horowitz and Yasir Al-Rumayyan have discussed a possible office in Riyadh.

  8. As of October 2026

    Still at PIF and Aramco

    He remains governor of the Public Investment Fund and chairman of Saudi Aramco.

Sources and credits

Photo: Bryan Berlin, via Wikimedia Commons. License: CC BY-SA 4.0. Source: commons.wikimedia.org. Cropped to a square and resized. Ask us to remove or replace this photo.

  1. Yasir al-Rumayyan - Saudipedia saudipedia.com. Checked 14 October 2026.
  2. Yasir Al-Rumayyan - Wikipedia en.wikipedia.org. Checked 14 October 2026.
  3. H. E. Yasir Othman H. Al Rumayyan | RIL ril.com. Checked 14 October 2026.
  4. Saudi Arabia plans $40 bln push into artificial intelligence | Cyprus Mail cyprus-mail.com. Checked 14 October 2026.
  5. Saudi Arabia plans $40bn push into artificial intelligence, NYT reports arabnews.pk. Checked 14 October 2026.
  6. Reliance AGM 2026: Who Is Yasir Al Rumayyan? The Saudi Wealth Fund Chief Mentioned by Mukesh Ambani - BusinessToday businesstoday.in. Checked 14 October 2026.
  7. Yasir Al-Rumayyan | Fortune fortune.com. Checked 14 October 2026.