THE MIDDLE EAST’S

15. Salam AlKhunaizi
Designation: CEO
Company: BSF Capital
Nationality: Saudi
Headquarters: Saudi Arabia
AlKhunaizi has been with BSF Capital in his current role since 2021. In 2024, BSF Capital—the investment arm of BSF—acted as lead manager and sole bookrunner for BSF’s $2.1 billion additional tier 1 sukuk program, including the issuance of $800 million that was completed in September. It also acted as the sole financial advisor, lead manager, joint-bookrunner, and underwriter for the $450 million IPO of the Almoosa Health Company. As of December 2024, BSF Capital’s assets under management were valued at $8.1 billion, a 28.8% growth compared to 2023. AlKhunaizi is also a member of the Saudi Shura Council, the Executive Committee of Al Jomaih Energy & Water Company, and the Capital Market Institutions Committee.