PIF-backed Hassana Investment named Sabty Sulaiman Al Sabty as its new CEO, effective 1 December, Bloomberg reports, citing a spokesman for the USD 320 bn pension fund. Al Sabty will succeed Saad Alfadly, who moved to Brookfield Asset Management in August after more than 10 years at Hassana’s helm.

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Al Sabty brings decades of experience in the financial sector, with several executive roles such as Riyad Bank’s CEO and head of the Listed Companies and Investment Products Department at the Capital Market Authority, along with a career headstart at PwC, according to Bloomberg.

Al Sabty is also a board member in many Saudi entities, including Tadawul Group, the Zakat, Tax, and Customs Authority, the General Authority for Awqaf, the Fund of Funds Company (Jada), Saudi Venture Capital Company, and SNB Capital, according to the Exchange’s website.

ALSO- Tanmiah Food appointed Zein Attar (LinkedIn) as its managing director and chief human resources officer, it said in a disclosure to Tadawul (pdf) yesterday. Attar brings over 15 years of experience in human resources and organizational strategy, having held senior roles at Taqa, Mercer, and Bupa Saudi Arabia prior to Tanmiah. She previously served as chair of Tanmiah’s Nomination and Remuneration Committee and as an independent board member.

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