Yasir Al-Rumayyan

Yasir Al-Rumayyan
ياسر الرميان
Al-Rumayyan in 2016
Chairman of Newcastle United F.C.
Assumed office
19 November 2021
Preceded byLee Charnley
Owner of Newcastle United
Assumed office
7 October 2021
Preceded byMike Ashley
Governor of Public Investment Fund
Assumed office
September 2015
Personal details
Born
Yasir bin Othman Al-Rumayyan

(1970-02-18) 18 February 1970
Buraidah, Saudi Arabia
Political party
Occupation

Yasir bin Othman Al-Rumayyan (Arabic: ياسر الرميان; born 18 February 1970) is a Saudi Arabian businessman who is governor of the Public Investment Fund (PIF), the sovereign wealth fund of the Kingdom of Saudi Arabia. He also chairs the state-owned petroleum company Saudi Aramco and Saudi Arabia's largest mining company Ma'aden.

He is chairman of the English football club Newcastle United and manages the LIV Golf professional men's golf tour. He is chairman of Riyadh Air. He is also involved in the construction of Neom, a controversial megaproject.

Al-Rumayyan is a close ally of Saudi ruler Mohammed bin Salman. His early career was in finance. When King Abdullah died in 2015 and power consolidated around Crown Prince Mohammed bin Salman, Al-Rumayyan was appointed chairman of PIF and placed on the board of Saudi Aramco. After Bin Salman's 2017 purge of competing Saudi political elites, Al-Rumayyan and his associates assisted Bin Salman in consolidating his authority, while the sovereign fund acquired assets seized from prominent Saudi figures.