After serving a year as head of European financial technology at RBC Capital Markets, Jallad will become the investment director at Neom Investment Fund.
![Jallad has announced his departure from RBC Capital Markets](https://globalventuring.com//content/uploads/2024/01/People-shared-project-30.png)
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.