Executive Management

The Directorate is responsible for managing and developing the Fund’s real estate investment portfolio, including land assets, commercial complexes, and other property holdings. It oversees leasing agreements and related contractual obligations, including long-term contracts and Build-Operate-Transfer (BOT) arrangements. The Directorate also evaluates and studies new investment opportunities within the real estate sector.

The Directorate is responsible for managing the Fund’s equity portfolio across publicly listed companies and private shareholding companies. This includes conducting detailed financial analysis, valuation, and continuous performance monitoring at both portfolio and company levels. It also assesses corporate governance practices and evaluates investment risks and returns. The Directorate further identifies and evaluates new equity investment opportunities based on defined financial and strategic criteria.

The Directorate is responsible for managing the Fund’s liquidity through investments in money market instruments and fixed-income securities, supporting optimal liquidity management and return generation within approved risk levels. It also oversees lending activities, including participation in syndicated loans, and follows up on major national projects financed through the Fund’s fully owned leasing arm.

The Directorate is responsible for identifying and evaluating new investment opportunities across sectors based on integrated financial and economic analysis. This includes conducting feasibility studies, financial modeling, and assessing returns, risks, and execution parameters. The Directorate also oversees the Fund’s tourism portfolio, including investments managed through its wholly owned tourism development company.

The Directorate is responsible for monitoring and evaluating the performance of the Social Security Corporation’s representatives on company boards through a structured system of oversight, evaluation, and guidance. It plays a key role in strengthening institutional governance practices, enhancing the quality of representation, and promoting transparency and accountability to safeguard interests and optimize investment returns.

The Directorate is responsible for developing and monitoring the implementation of the Fund’s strategic plan. It identifies and assesses investment and operational risks, and establishes risk management frameworks supported by defined risk indicators. The Directorate also oversees institutional performance management through the application of the Balanced Scorecard, enabling performance evaluation and supporting informed decision-making.

The Directorate is responsible for managing and developing the Fund’s enterprise systems, applications, and data infrastructure, while leading digital transformation and process automation initiatives in line with international best practices. It oversees IT governance, cybersecurity, and data protection frameworks, ensuring system integrity, operational continuity, and the resilience of the Fund’s technology environment.

The Directorate is responsible for overseeing the Fund’s financial reporting and control functions in accordance with International Financial Reporting Standards (IFRS). This includes the preparation of financial statements, budgeting processes, and the review of financial transactions and reconciliations to ensure accuracy, consistency, and compliance. The Directorate also produces periodic financial reports that support effective financial oversight and informed decision-making.

The Directorate is responsible for managing the Fund’s day-to-day operational and financial processes, including transaction processing, account maintenance, and financial recording. It also oversees portfolio operations, document management and archiving systems, procurement activities, and supplier management in accordance with approved policies and procedures.

The Directorate is responsible for managing the Fund’s human capital through structured workforce planning, talent acquisition, and performance management systems. It oversees training and development programs aligned with functional and leadership competencies, and supports institutional performance enhancement. The Directorate also promotes a culture of engagement, continuous learning, and organizational excellence in line with best practices.

The Unit is responsible for providing independent and objective assurance on the effectiveness of the Fund’s internal control, risk management, and governance frameworks. It evaluates compliance with applicable laws, regulations, and internal policies, and conducts audits across operational, financial, and IT functions. The Unit also monitors adherence to International Financial Reporting Standards (IFRS) and IT audit standards, supporting the integrity and reliability of the Fund’s operations.

The Unit is responsible for developing and maintaining the legal and regulatory framework governing the Fund’s operations, and for providing legal advisory services to support compliance and informed decision-making. It drafts, reviews, and negotiates contracts, agreements, and memoranda of understanding, ensuring the protection of the Fund’s interests and the effective management of legal risk.

The Unit is responsible for conducting economic and financial analysis, and preparing periodic reports on key macroeconomic and market indicators to support investment analysis and outlook assessment. It also benchmarks best practices across peer pension funds and investment institutions, contributing to the continuous development of the Fund’s strategies and policy frameworks.

The Unit is responsible for serving as the secretariat to the Investment Board and the Investment Committee, including organizing meetings, preparing minutes, and tracking the implementation of decisions and recommendations. It also ensures coordination across governance bodies, supporting alignment and continuity in institutional decision-making.

The Unit is responsible for managing the Fund’s institutional positioning and stakeholder communication. It oversees integrated communication channels, including digital platforms and official media outlets, and manages media relations to ensure consistent, credible, and strategically aligned messaging. The Unit supports the articulation of the Fund’s strategic direction and enhances its visibility, reputation, and public trust.