Public investment funds join call for independent Facebook chair
Thursday, 18 October 2018 Washington (AFP) Oct 17, 2018
Four public investment fund officials on Wednesday joined a call to install an independent chairman at Facebook, saying the move would improve governance and accountability at the world's biggest social network. The state treasurers of Illinois, Rhode Island and Pennsylvania and the New York City comptroller - all of whom hold Facebook shares - endorsed the proposal made earlier this year
According to Reuters, Saudi Arabia will hold an investment forum despite the absence of keynote speakers. The Public Investment Fund expected more than 150 speakers representing over 140 organizations to attend, including 17 global partner organizations. But Future Investment Initiative is going to...