Karim Jallad, former managing director and head of European fintech investments at RBC Capital, has taken on an investment director position at Neom Investment Fund, a fund backed by the Kingdom of Saudi Arabia.
He announced his departure from RBC Capital Markets, a subsidiary of Toronto-based financial services company Royal Bank of Canada, in a LinkedIn post.
Neom Investment Fund is the strategic investment arm of Neom, a new urban area planned by the Kingdom of Saudi Arabia in its northwestern Tabuk province.