Khalid bin Ali Al Ruwaigh

Khalid bin Ali Al Ruwaigh was appointed Chief Executive Officer of the Arab Petroleum Investments Corporation (Apicorp) in May 2022, taking over from Dr Ahmed Ali Attiga who led the multilateral financial institution over the past five years. Apicorp is an energy-focused multilateral financial institution established in 1975 by the ten Arab oil exporting countries.

Al Ruwaigh holds an MBA from California State University and a Bachelor's Degree in Information Systems from King Saud University. Prior to joining Apicorp, he served as Chief Investment Officer at Naseel Holding and Chief Executive Officer at Emirates NBD Capital KSA. He served as chief executive officer at Emirates NBD Capital KSA since March 2019 and had held several senior and executive roles within the financial sector covering multi-asset classes such as public and private equity, real estate, and fixed income.

The wealth of knowledge and experience Khalid brings, having worked in a broad range of industries, will be instrumental in continuing Apicorp's strong momentum in support of a balanced approach to the energy transition agenda and sustainable development goals of the organization's member countries and wider MENA region, according to Apicorp board chairman Dr Aabed Al Saadoun.

Career history

• Chief Executive Officer, Arab Petroleum Investments Corporation (Apicorp) - 2022 to present
• Chief Executive Officer, Emirates NBD Capital KSA - March 2019 to 2022
• Chief Investment Officer, Naseel Holding

What Khalid bin Ali Al Ruwaigh could bring to his role as CEO of Apicorp: His extensive background in multi-asset financial management across public and private equity, real estate, and fixed income positions him to guide Apicorp's strategic positioning at the intersection of energy and finance. His track record navigating complex institutional leadership at Emirates NBD Capital KSA, combined with his focus on energy transition and sustainable development, enables him to advance Apicorp's developmental mandate while mobilizing capital into the region's evolving energy landscape during a period of significant sectoral transformation.

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