He began his career at
Saudi Hollandi Bank, becoming head of international brokerage before joining the
Capital Markets Authority (CMA), where he was head of securities listings. Between 2011 and 2015, Al-Rumayyan was CEO of Saudi Fransi Capital (SFC), the investment banking arm of
Banque Saudi Fransi. From 2014 to 2015 he was on the board of directors of the
Saudi Stock Exchange. Al-Rumayyan was made chairman of the Saudi Aramco board in September 2019 after Crown Prince Bin Salman stripped
Khalid Al-Falih, the energy minister, of his duties when he questioned Bin Salman's directives. In 2016, PIF invested $3.5 billion in the US-based
Uber. He joined Uber's board of directors as part of the agreement. In August 2016, Al-Rumayyan joined the board of the state oil company
Saudi Aramco as part of a move toward closer cooperation between Aramco and PIF in restructuring the Saudi economy. In October that year, PIF invested $45 billion in the newly established
SoftBank Vision Fund. In May 2017, PIF invested $20 billion to a joint US infrastructure fund with
Blackstone. Al-Rumayyan was involved in the transfer of assets to PIF in the wake of the Saudi Arabian government's 2017 purge. He transferred 20 companies that had been seized by the government into the PIF, In October 2021, PIF announced that the acquisition of
Newcastle United by the consortium consisting of the Public Investment Fund and that Al-Rumayyan would be elected as chairman of the club after PIF acquired it. == Personal life ==