H.E. Khalid A. Al-Falih

His Excellency Khalid A. Al-Falih has been Minister of Investment of the Kingdom of Saudi Arabia since 25 February 2020. He previously served as Minister of Energy, Industry and Mineral Resources from May 2016 to September 2019, as Minister of Health from April 2015 to May 2016, and as Chairman of the Saudi Arabian Oil Company (Saudi Aramco) Board of Directors from April 2015 to September 2019. Prior to his appointment as Chairman, HE Al-Falih also held key leadership posiQons across the company, including President and Chief ExecuQve Officer from January 2009 to May 2015. 

HE Al-Falih has been consistently recognized for his leadership in spearheading the strategic transformaQon of leading sectors and organizaQons across Saudi Arabia. His achievements include driving large-scale business iniQaQves and industrial projects, building organizaQonal capacity for the benefit of Saudi ciQzens through economic and social programs, and enhancing the performance and impact of complex organizaQons. For many years, he has taken a parQcular interest in leveraging business acQviQes to fuel social development and economic diversificaQon; fostering strong collaboraQon between Saudi Arabia’s public, private and academic/research sectors; and promoQng the importance of the fields of science and digital technology among young people. 

HE Al-Falih remains commi[ed to enriching society through the nurturing of entrepreneurship and innovaQon; the creaQon of a knowledge-based society equipped to meet the challenges of the future; the creaQon of new business and human resource development opportuniQes; and the protecQon of the environment. His appointment as Minister of Investment is in line with HE Al-Falih’s excepQonal achievements in advancing private sector growth in the Kingdom, which is a central driver of Vision 2030, Saudi Arabia’s ongoing economic diversificaQon plan.

In 2009, HE Al-Falih received the presQgious King Abdulaziz Medal (First Class), which is Saudi Arabia’s highest civilian honor for service to the country. HE Al-Falih has received many notable awards and recogniQons throughout his career. In 2018, the Japanese government awarded him its naQonal decoraQon, The Order of the Rising Sun. In 2016, he was recognized as Energy Intelligence Petroleum ExecuQve of the Year.

HE Al-Falih earned a Bachelor of Science degree in Mechanical Engineering from Texas A&M University in 1982 and completed his MBA at KFUPM in 1991. In 2009, he received an honorary