Khalid Al-Sweilem was recently appointed by Ninety One to the position of chief global sovereign funds adviser and chairman of the firm鈥檚 new 海角直播n entity, which is under formation and subject to approval from the Kingdom鈥檚 Capital Market Authority.
According to a report by Bloomberg, Al-Sweilem said: 鈥淚 am pleased to be taking on this role to help steer and develop Ninety One鈥檚 business in 海角直播 and the Middle East more broadly.
鈥淭his is a time of great transformation and opportunity for the region as 海角直播 implements its Vision 2030 program ... Ninety One is well positioned to capitalize on the major economic developments taking place throughout the region. Their roots in emerging markets give them a keen sensitivity to how investment capabilities should serve 海角直播 and the region鈥檚 needs.鈥
Al-Sweilem joined the 海角直播n Monetary Agency, now known as the Saudi Central Bank, in 1991, where he served in a number of leadership capacities before becoming chief counselor and director general of investment. These included directing the investment management department as a chief investment officer and serving as director general of the investment department.
Al-Sweilem is a board/investment committee member of several institutions. He is chairman of Ashmore Investment 海角直播; an independent board member at Fajr Capital; a board member at Al Raidah Investment Company and an investment committee member at the Arab Gulf Fund for Development. He is also global sovereign wealth funds adviser with PricewaterhouseCoopers.
He received a bachelor鈥檚 degree in science specializing in industrial engineering from the University of Arizona, US, and completed a master鈥檚 degree and Ph.D. in economics at Boston University and the University of Colorado Boulder, respectively.
Al-Sweilem also completed a two-year post-doctoral fellowship in economics and finance at Harvard鈥檚 Graduate School of Arts and Sciences in 1991, sponsored by Prince Bandar bin Sultan.
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