Dr. Ibrahim Almojel is the CEO of the Saudi Industrial Development Fund (SIDF) where he leads the transformation of the Fund to be the key financial enabler of National Industrial Development and Logistics Vision Realization Program (NIDLP), which aims towards transforming the Kingdom into a leading industrial powerhouse and global logistic house.
Prior to SIDF, Dr. Almjoel spent over 6 years at Saudi Aramco where he headed Investment Management overseeing portfolio management, direct investment and investment services. He also served as the Head of Global Investment of Saudi Aramco's Energy Ventures (SAEV), was a member of the Saudi Aramco's inaugural Young Leaders Advisory Board, and a member of the Energy Ventures and Entrepreneurship Ventures Committees.
Dr. Almojel is the founding president of the Stanford Club of Saudi Arabia and the Chairman of Eastern Oqal, the leading Angel Investors Network in the Eastern Province of the Kingdom. He is a board member of NIDLP, Samba Financial Group, Raidah Investment Company and Awqaf Investment Company, among many others.
Dr. Almojel holds a Bachelor's degree in Electrical Engineering from Vanderbilt University, a Master's degree in Electrical Engineering and a PhD in Management Science and Engineering from Stanford University.
Ibrahim Almojel envisions spearheading transformative growth in the Saudi Industrial Development Fund, leveraging his extensive experience. With a commitment to fostering innovation and sustainable development, he aims to catalyze industrial initiatives that contribute significantly to Saudi Arabia's economic diversification. Almojel's vision includes strengthening strategic partnerships, ensuring financial inclusivity, and positioning the fund as a catalyst for industrial excellence. Through these efforts, he seeks to play a pivotal role in advancing the Kingdom's industrial landscape and propelling it towards global competitiveness and resilience.
Currently serving as the Chief Executive Officer of the Saudi Industrial Development Fund (SIDF), he plays a crucial role in advancing industrial initiatives and supporting economic development in the Kingdom. In addition to his role at SIDF, Almojel holds positions on several prominent boards, including Samba Financial Group, Raidah Investment Company (which oversees the public pension fund), Awqaf Investment Company, and the Arab Mining Company.
Almojel's professional journey encompasses a wealth of experience, particularly in the energy sector. He previously worked at Saudi Aramco, the national oil company of Saudi Arabia, where he held various positions, including roles in corporate strategy and Saudi Aramco Energy Ventures. His expertise extends to investment management, as he served as the Chief Executive Officer of Wisayah, the investment management arm of Saudi Aramco.
Educationally, Almojel holds a Bachelor of Science degree in Electrical Engineering from Vanderbilt University. His pursuit of knowledge led him to Stanford University, where he earned a Master of Science in Electrical Engineering and later a Ph.D. in Management Science and Engineering.
Ibrahim Almojel has made significant achievements in both the private and public sectors. As the founding partner of Khwarizmi Holding, he oversees specialized investment companies in venture capital, private equity, and real estate. During his tenure as CEO of the Saudi Industrial Development Fund (SIDF), he successfully transformed the fund to align with Vision 2030, expanding its mandate and increasing capital from $17 billion to $28 billion. Recognized by Forbes as one of the top CEOs in MENA in 2021 and 2022, Almojel's leadership earned him the King Abdulaziz Award for Quality at its gold level. His strategic roles at Saudi Aramco further underscore his commitment to driving economic growth and innovation.
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