By Innovation-sa on September 2, 2018 in News

Saudi Arabia’s Public Investment Fund (PIF) has named an advisory board consisting of 11 business minds and experts from across the globe that will provide strategic guidance to the development of Kingdom’s Future Investment Initiative (FII).

Advisory board members include Masayoshi Son, the CEO of Japan’s SoftBank Group, Joe Kaesar, the president and chief executive of German industrial giant Siemens, Stephen Schwarzman, the CEO of private equity Blackstone, which manages about $450 billion of assets, Mohammed Ali Alabbar, the founder of Emaar Properties, Lubna Olayan, the CEO of Olayan Financing Company, Arianna Huffington and Mellody Hobson of Ariel Investments, Ajay Banga, the chief of Mastercard, Victor Chu, the chairman of First Eastern Investment Group, Tidjane Thiam, the CEO of Credit Suisse Group and Peter Theil, the co-founder of the Founders Fund, according to a statement from PIF.

The event that debuted in the Kingdom last year will explore how investment can be used to drive growth opportunities, fuel innovation and shape future economies in this year’s summit.

The second edition of FII is taking place in Riyadh on October 23-25, 2018 and will include three summits looking at new health care frontiers, immersive technologies and the urban future. It will also review emerging business and investment trends, and early-stage growth opportunities.