Dr. Ibrahim Saad Al-Moajil is the CEO of the Saudi Industrial Development Fund since April 2018.
Born on November 1, 1979, he is the son of Engineer Saad Al-Moajil, one of Saudi Arabia’s most prominent figures in the industrial sector.
His father, Saad Al-Moajil, played a key role in establishing and managing several industrial companies over a period of more than 30 years. He was also a board member of the Riyadh Chamber of Commerce and Industry, serving as Vice Chairman and later as Chairman of the Industrial Committee for 12 years.
Additionally, he held leadership positions in the National Industrial Committee, the Subcommittee for Chemical and Plastic Industries, and the General Committee for Construction Standards at the Saudi Standards, Metrology and Quality Organization for seven years.
Education and Academic Achievements
Dr. Ibrahim Al-Moajil pursued his education in prestigious international institutions, obtaining:
- A bachelor’s degree in Electrical Engineering and Mathematics from Vanderbilt University, USA, in 2002.
- A master’s degree in Electrical Engineering from Stanford University in 2004.
- A Ph.D. in Operations Research in 2009.
Professional Journey
Dr. Al-Moajil’s career reflects a deep expertise in strategic planning, investments, and industrial development. Some of his key roles include:
- Planner at Saudi Aramco (2012–2014).
- Secretary of the Local Energy Strategy Committee (2011–2012).
- Consultant at Strategic Decisions Group (2009–2011).
- Researcher at King Abdullah Petroleum Studies and Research Center (KAPSARC), where he applied operations research methodologies to localize the solar energy system.
He was also a board member at Samba Financial Group (2019–2021) before its merger with the National Commercial Bank (NCB) to form Saudi National Bank (SNB).
At Saudi Aramco, he held several investment-focused positions:
- Head of Global Investments at Saudi Aramco Energy Ventures (2014–2015).
- Head of Direct Investment Management (2015–2016).
- Head of Investment Management (2016–2017).
Recognition and Achievements
Dr. Al-Moajil’s expertise and leadership have placed him among the most influential business figures in the region. He was recognized by Forbes Middle East in its list of the Most Powerful CEOs in the Middle East in 2021.
Key Positions Held by Dr. Ibrahim Saad Al-Moajil
- CEO of the Saudi Industrial Development Fund.
- Vice Chairman of the Arab Mining Company.
- Board Member of Samba Financial Group.
- Board Member of Al-Raedah Investment Company.
- Senior Direct Investment Consultant at Saudi Aramco.
With a solid track record in finance, energy, and industrial development, Dr. Ibrahim Al-Moajil continues to be a key player in shaping Saudi Arabia’s economic and industrial future.
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