Saudi Investment Recycling shuffles board of directors

PIF-backed SIRC reshuffles board of directors: The Saudi Investment Recycling Company (SIRC), a subsidiary of the PIF, said it has restructured its board of directors, according to its Linkedin. The waste management focused company will now be headed by Khalid Mohammed Al Salem (Linkedin), it said. Al Salem is currently the president of the Royal Commission for Jubail and Yanbu, which helps oversee development of the kingdom’s energy industry. He was also the former Executive Director of the Saudi Industrial Property Authority (Modon).

What’s SIRC? The company invests along waste management themes and aims to “create alliances with private-sector companies to establish recycling capacity in the Kingdom and build a circular economy for a sustainable future.”