Chief Investment Officer – Unlisted Investments at Public Investment Corporation

Purpose of the role:

• Provides strategic leadership of the unlisted investment portfolio. This role is responsible for defining, leading, and executing the organisation’s private‑markets investment strategy across private equity, private credit and other illiquid alternative asset classes. The CIO should ensure that private-market investments deliver long‑term value, are selected and monitored through rigorous due diligence, meet portfolio‑level strategic goals, comply with regulatory and governance standards and deliver on the targeted returns.

Minimum Requirements:

• At least 15+ years of Senior Management experience in the investment management industry with significant experience in managing unlisted investment portfolios over multiple market cycles.
• Demonstrated expertise in portfolio management, due diligence, and general partner oversight.
• Minimum five years in executive leadership/Top Management.
• Master’s degree (Finance, Economics, Investment Management, or Related).
• CFA,CA (SA), Pr. Eng designation or equivalent.
• FAIS Registered Key Individual (RE 05, 01 and 03 Certificate).

Preferred Qualifications:

• Professional designation or Registration, CFA, CA (SA), Pr.Eng designation or equivalent.

Key Responsibilities
Private Markets Strategy & Leadership

• Develop and execute a comprehensive, multi‑year private‑markets investment strategy per unlisted asset class aligned with client investment mandates and organisational objectives.
• Shape the investment philosophy, asset‑class frameworks, pacing models, and long‑term deployment strategies.
• Lead strategic initiatives to scale private‑markets capabilities and harmonise processes.

Portfolio Construction & Oversight

• Oversee diversified private‑markets portfolios across buyout, venture, credit and other unlisted asset classes.
• Manage capital pacing, liquidity planning, and long‑term asset allocation.
• Optimise risk‑adjusted returns and ensure alignment with long‑term strategic benchmarks.
• Investment Selection, Due Diligence & Execution
• Valuation, Reporting & Governance
• Value Creation & Portfolio‑Company Engagement
• Drive operational and strategic value creation initiatives.
• Risk Management & Compliance
• Leadership & Team Development
• Stakeholder Engagement & Communication

Minimum Technical/Core Skill Requirement:

• Proven leadership experience in managing an investment team in a large institutional or asset management environment.
• Strong understanding of global markets, financial modelling, risk analytics, valuation, underwriting and regulatory frameworks.
• Exceptional communication skills and board-level presentation experience.
• Industry knowledge and experience.
• Advanced strategic skills.
• Compliance management.
• Risk-aware decision-making and management.
• Pro-active thinking.
• Information systems.
• Inter-personal relations.
• Analytical.
• Planning and managing resources.
• Presentation skills.
• Strategic and analytical thinking.
• Asset allocation knowledge.
• Strong governance and ethical orientation.
• Leadership and team development.
• Innovation and adaptability.
• Strategic foresight.
• Analytical strategy.
• Governance and fiduciary discipline.
• Communication and stakeholder management.
• Adaptability and long‑term thinking.

Deadline:13th March,2026