Memo: Savvy Games Group CEO Brian Ward, who oversaw the Saudi Arabian government's $38B investment in the video game industry since 2021, is stepping down (Cecilia D'Anastasio/Bloomberg)

Brian Ward, chief executive of Savvy Games Group, is leaving his role after guiding the Saudi Arabian government’s $38 billion investment in the video-game sector since 2021. His tenure included overseeing the development of Saudi-backed gaming studios and publishing initiatives under the Savvy Games umbrella. The departure marks the end of the leadership that managed the nation’s largest gaming-industry commitment.