Saad Alkroud

Saad Alkroud is Head of Local Real Estate Investment Division. In his capacity, he oversees PIF’s domestic real estate investment strategy, including the development and execution of giga-projects and large-scale real estate and infrastructure initiatives across Saudi Arabia. Previously, Alkroud served as Chief of Staff and Secretary General to PIF’s Board of Directors. Since joining PIF in 2016, he has played a pivotal role in shaping and advancing the Fund’s strategic agenda.

The Local Real Estate Investment Division under his leadership is responsible for managing a broad portfolio of real estate and infrastructure investments. This includes establishing and scaling landmark projects, setting up new entities, and driving performance optimization. The division oversees some of the Kingdom’s most prominent developments such as NEOM, Red Sea Global, Qiddiya, Roshn, and Diriyah, in addition to a diversified pool of assets spanning hospitality, retail, and leisure.

Alkroud serves on several boards as Chairman, Vice Chairman, and Member across a range of strategic sectors. Prior to joining PIF, he held leadership roles at Mayaas Holding, a private investment and wealth management firm, where he served as Vice President. Earlier in his career, he held various management positions at Abdullatif Alissa Group Holding, including Advisor to the Group Chairman.

He holds a bachelor’s degree in Finance from King Fahd University of Petroleum and Minerals and a master’s degree in Management and Leadership from the University of La Verne, California.