All members (besides Renzi) of the board of the Future Investment Initiative foundation headed by Mohammad bin Salman of Saudi Arabia.
It’s called the Future Investment Initiative (Fii), and it’s a Saudi non-profit foundation. Renamed “The Davos of the Desert” (the World Economic Forum is held in Davos, Switzerland), it also has Matteo Renzi, founder and leader of Italia Viva, senator and member of the Defense commission, among its board members.
Who are the other members of the Future Investment Initiative LA FUTURE INVESTMENT INITIATIVE
The Future Investment Initiative was created by a decree of the Saudi king, Salman bin Abd al-Aziz Al Sau. The foundation is headed by the king’s son, Mohammad bin Salman, crown prince, and president of the Public Investment Fund, chairman of the Saudi Arabian Economic and Development Council.
The foundation “seeks to empower the brightest ideas in the world,” the site reads. MATTEO RENZI ON THE BOARD OF FOUNDATION
Among the members of the foundation council there is also Matteo Renzi, former president of the Council of Ministers, from February 2014 to December 2016, and mayor of Florence from June 2009 to February 2014. Today he is head of a party, Italia Viva, senator and member of the Defense commission. RICHARD ATTIAS
Richard Attias, advisor to international leaders, companies and nations, also sits on the Board of Trustees. He is CEO of the FII Institute.
And among the organizers and promoters of the World Economic Forum Annual Meeting at Davos, the Clinton Global Initiative, the Nobel Laureates Conferences, The New York Forum, The New York Forum AFRIC, the UNESCO NGO Forum, the One Planet Summit, the ‘Olympism In Action, Bloomberg New Economy Forum, The African Cup, The African Games.
Prior to founding RA&A, Attias worked for Publicis Groupe, where he served as executive chairman of Publicis Events Worldwide. YASIR AL-RUMAYYAN
Another member of the Board of Trustees is Yasir O. Al-Rumayyan, who has been Governor of the Saudi Arabian Public Investment Fund since 2015, leading all operational areas of the sovereign wealth fund. He is also a Director of the General Secretariat of the Council of Ministers, since 2016.
He holds key positions on the boards of some of the most influential companies and organizations in the world: and President of Saudi Aramco, the most valuable listed company in the world, and President of Ma’aden since September 2019 and is a member of the board of Uber Technologies, SoftBank Group Corp. and ARM Limited. PRINCESS REEMA BINT BANDAR
Appointed ambassador to the United States in February 2019, Princess Reema Bint Bandar is the first woman in the history of the country to fill this role. From 2007 to 2015 she was CEO of Alfa International Company Limited – Harvey Nichols Riyadh, a multi-brand luxury retail company. In 2018 she was named Deputy Head of Development and Planning in the Kingdom and is President of the Mass Participation Federation, the first woman of a multi-sports federation.
She is also a member of the Special Olympics (since 2019); board member of the Olympic committee of Saudi Arabia (since 2017), board member of Panthera’s Conservation Council (2020); Member of the World Bank’s Advisory Council for the Women Entrepreneurs Finance Initiative (since 2017).MOHAMMED ALABBAR Also
on the Board of Trustees Mohammed AlAbbar, an entrepreneur. Since 1997, he has led real estate development companies Emaar Properties and Eagle Hills. He has stakes, in China, in the leading mobile transport platform Didi Chuxing and in the famous coffee chain, Luckin Coffee. PETER DIAMANDIS
Recently named by Fortune as one of the “50 Greatest Leaders in the World”, Peter H. Diamandis is the founder and executive president of the XPRIZE Foundation. He is the executive founder of Singularity University, a Silicon Valley university institution and co-founder of BOLD Capital Partners, a $ 250 million venture fund.
He is the author of: Abundance – The future is better than you think and Bold – How to grow up, create wealth and make an impact in the world. TONY CHAN
Next to Matteo Renzi, on the board of trustees of the Future Investment Initiative, sits Tony Chan, third president of KAUST, since September 2018. In the previous decade, he was president of the Hong Kong University of Science and Technology (HKUST). Previously, he was Deputy Director of Mathematics and Physics at the US National Science Foundation from 2006 to 2009. ADAH ALMUTAIRI
Adah Almutairi is a professor of pharmaceutical chemistry in the department of Bioengineering and Nanoengineering. She and she director of the Center for Excellence in Nanomedicine and Engineering at the University of California’s Institute of Engineering in Medicine.
The professor holds over a dozen US and international patents, many of which are currently licensed in the industry. She and she founder of eLux Medical Inc. THE PIF ADVISORY COMMITTEE
Not only the Board of Trustees. Leading the Future Investment Initiative, at the behest of the Saudi Arabian Public Investment Fund, which Fii actually heads, is also an advisory committee composed of 11 members.
Advisory board members include Masayoshi Son, CEO of Japan’s SoftBank group; Joe Kaeser, president and chief executive officer of Siemens; Stephen Schwarzman, CEO of Blackstone private equity; Mohamed Ali Alabbar, founder and president of Emaar Properties, the largest listed developer in Dubai; Ajay Banga, the president and chief executive of Mastercard; Victor Chu, who heads the First Eastern Investment Group; Mellody Hobson, the president of Ariel Investments; Arianna Huffington, founder and CEO of Thrive Global; Peter Thiel, co-founder and partner of the Founders Fund; Tidjane Thiam, CEO of Credit Suisse and Lubna Olayan, who heads the Olayan Financing Company.
