Rank: #18
Ibrahim Almojel
Sector: Banking and Financial Services
Company: Saudi Industrial Development Fund
Designation: CEO
Nationality: Saudi
Residence: Saudi Arabia
SDIF’s main objective is to finance the industrial, mining, energy, and logistics sectors in Saudi Arabia. In 2020, under Al Mojel’s leadership, SDIF dispersed more than $4.5 billion in loans. It has helped restructure 546 businesses at a cost of more than $1 billion. Al Mojel sits on multiple boards, including Samba Financial Group, Raidah Investment Company, Awqaf Investment Company, and the Arab Mining Company. Al Mojel has a PhD in management science and engineering from Stanford University.