Faisal F. Alibrahim
Minister of Economy and Planning
Assumed office
3 May 2021
MonarchSalman
Prime Minister
Preceded byMohammed Al-Jadaan
Vice Minister of Economy and Planning
In office
26 February 2018 – 2 May 2021
Personal details
Born
Faisal bin Fadhil Alibrahim
Children2
Alma mater

Faisal bin Fadhil Alibrahim (Arabic: فيصل بن فاضل الإبراهيم) is the Minister of Economy and Planning of Saudi Arabia. Alibrahim previously served as Vice Minister of Economy and Planning (6 February 2018 – 3 May 2021), Supervisor of the Secretariat of the Council of Economic and Development Affairs, and Secretary of the board of directors of the National Development Fund, and chairman of the Board of General Authority for Statistics. He is currently tasked with leading the diversification of Saudi Arabia's economy.[1]

Alibrahim is a member of several national councils and committees.[2]

Education

Alibrahim graduated from Pennsylvania State University with BS in Economics and another in Accounting.[2]

He later completed his MBA at the Massachusetts Institute of Technology.[2]

Career

Prior to his appointment as Minister, Alibrahim served as Vice Minister of Economy and Planning for three years (2018–2021). He began working in the ministry as an adviser in 2016.

Previously, he held several roles at Saudi Arabian Oil Company (Saudi Aramco), including Vice President of Aramco Development (2013–2015), Head of Mergers & Acquisitions at New Business Development (2012–2014), Commercial Director of the Ras Al-Khair Maritime Yard Project, and Project Director of the Vela-Bahri Transaction. He also worked as a Project Manager for the Merger of Operations and Fleet Deals for Villa and Bahri Company, in addition to serving as Project Manager for King Salman International Complex for Services and Maritime Industries in Ras Al-Khair for Commercial and Financial Affairs (2014–2015).[2]

Minister of Economy and Planning

Alibrahim assumed his position as Minister of Economy and Planning after a period of advising the ministry. Since being appointed as a minister in May 2021, he has overseen the continued digital transformation of Saudi Arabia's economy. In that time, the Kingdom has risen 20 places in the Digital Competitiveness Report 2021 to rank second among G20 countries. In May 2022, the Ministry of Economy and Planning launched the 2022 Census of Saudi Arabia, which is the Kingdom's first digital census.[2]

Presidencies and memberships

  • chairman of the board of General Authority for Statistics. (since 2021)
  • Member of the advisory board for Young Leaders in Aramco (2011–2012)[2]
  • Member of the board of directors of the Cultural Development Fund (since 2021)
  • Member of the board of directors of the Geophysical Equipment Factory Ltd (2014–2015)
  • Member of the board of directors of the Local Content and Government Procurement Authority (since 2019)
  • Member of the board of directors of the National Council for Measuring the Performance of Public Institutions "Adaa" (since 2020)
  • Member of the board of directors of the National Energy Efficiency Services Company "Tarsheed" (since 2018)
  • Member of the board of directors of the Non-Oil Revenue Development Center (since 2019)
  • Member of the board of directors of the Nuclear and Radiological Regulatory Authority (since 2022)
  • Secretary of the board of directors of the National Development Fund (since 2018)
  • Strategy advisor at Uber (2015–2016)
  • Supervisor of the Secretariat of the Council of Economic and Development Affairs

Honors and awards

  • Selected as Young Global Leader of the Year 2020 by the World Economic Forum.[2]

References

  1. ↑ "Faisal bin Fadel Al-Ibrahim is the new Saudi minister of economy and planning". Arab News. 3 May 2021. Retrieved 21 May 2022.
  2. 1 2 3 4 5 6 7 "Biography of H.E. Faisal F. Al-Ibrahim Vice Minister of Economy and Planning Saudi Arabia" (PDF).
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