PwC Said to Resume Work on Pitches to Saudi PIF After Ban Ends

PwC executives have asked teams to resume pitching for work with Saudi Arabia’s wealth fund, according to people familiar with matter, as the one-year ban on the consulting firm in an important market comes to an end.

Managers at PwC have been told internally that teams can now send proposals to the Public Investment Fund, the people said, declining to be identified as the information is confidential. That comes a year after the Saudi fund temporarily banned PwC from advisory and consulting services contracts.

Representatives for PwC and the PIF declined to comment.

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