Ibrahim Almojel

Founding Partner, Khwarizmi Holding

Riyadh, Saudi Arabia

About

Ibrahim Almojel is the founding partner of Khwarizmi Holding. Khwarizmi holding owns specialized investment companies in venture capital, private equity, and real estate. Dr. Almojel sits on multiple boards including the Saudi National Bank (SNB), Hassana Investment Company, Awqaf Investment Company, the Saudi EXIM bank, Saudi Integrated Logistics Zones company, Takamol Holding, and the Arab Mining Company. He is a member of the 2019 Young Global Leaders of the World Economic Forum. Dr. Almojel was the CEO of the Saudi Industrial Development Fund (SIDF), where he led the transformation of SIDF to align with Vision 2030. That was achieved through expanding the fund’s mandate include logistics, mining, and renewables and its offering to include a variety of financial programs and products, and increased its capital from $17B to $28B. During his tenure, Dr. Almojel was recognized by Forbes as one of the top CEOs in MENA in 2021 and 2022 and was awarded the King Abdulaziz Award for Quality at its gold level. Previously he worked at Saudi Aramco as the CEO of Wisayah, the investment management arm of Saudi Aramco’s captive fund. Before that, he worked at multiple functions in Saudi Aramco’s corporate strategy, transformation program, and Saudi Aramco Energy Ventures. He completed his BS in Electrical Engineering and Mathematics from Vanderbilt University, then an MS in Electrical Engineering, an MS and a PhD in Management Science and Engineering from Stanford University.

Experience

  • Founding Partner at Khwarizmi Holding
    Jan 2023 - Present · 3 yrs 11 mos

  • Board Member at Hassana Investment Company
    Aug 2023 - Present · 3 yrs 4 mos

  • Board Member at Awqaf Investment أوقاف للاستثمار
    2019 – Present

  • Board Member at The Saudi National Bank - SNB
    Jan 2019 - Present · 7 yrs 11 mos

  • Board Member at Saudi EXIM Bank
    Feb 2020 - Present · 6 yrs 10 mos