After serving a year as head of European financial technology at RBC Capital Markets, Jallad will become the investment director at Neom Investment Fund.
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.