Hazim Almegren

Managing Director
25 years of experience in banking and financial services
Specializes in corporate and small and mid-size enterprise banking
Experience with manufacturing, retail, contracting, real estate and leasing
Riyadh
@alvarezmarsal
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Hazim Almegren is a Managing Director with Alvarez & Marsal Financial Services in Riyadh. He brings 25 years of experience in banking and financial services. 

Mr. Almegren’s primary areas of concentration are corporate and small and mid-size enterprise banking. Mr. Almegren has worked with clients across a range of industries, including manufacturing, retail, contracting, real estate and leasing. 

Prior to joining A&M, Mr. Almegren spent 13 years with Bank Al Jazira, serving most recently as Head of Corporate & Institutional Banking. Under his management, his department income grew from SAR 80 million to SAR 540 million and fee-based profits grew by 35 percent. Mr. Almegren was a board member of the Saudi Credit Bureau (SIMAH), serving as its Chair for four years.  

Previously, Mr. Almegren worked with GIB Corporate banking and SAMBA, both in Saudi Arabia. At SAMBA, he managed corporate payment systems and electronic banking services and worked in corporate banking where he grew his portfolio from SAR 300 million to SAR 1100 million.

Mr. Almegren earned a bachelor’s degree in computer information systems from King Saud University. A Saudi national, he is fluent in Arabic and English.

Insights By This Professional

The report, which analyzes the performance of the Kingdom’s 10 largest listed banks for the third quarter of 2025, highlights steady lending momentum, moderated deposit growth, resilient profitability, and continued improvements in asset quality.
يدرس هذا التقرير أداء أكبر عشرة بنوك مُدرجة في المملكة للفترة المذكورة، حيث يكشف عن تسجيل استقرارٍ في مستويات الإقراض ونمواً معتدلاً في الودائع، وأداءٍ قويٍ في مستويات الربحية، واستمرار التحسن في جودة الأصول
The quarter was marked by strong balance sheet expansion, continued earnings resilience, and stable margins despite a shifting interest rate environment.
شهدت هذه الفترة توسعاً كبيراً في الميزانية العمومية، ومواصلة الأداء القوي في الأرباح، واستقرار هامش الفائدة على الرغم من المناخ المتغير لأسعار الفائدة.
Latest insights The latest insights from Hazim Almegren's team
Thought Leadership
As private credit surges, surpassing $2 trillion, the narrative shifts from competition to collaboration with traditional banks. Discover how these partnerships can unlock significant volume opportunities, enhance capital velocity, and leverage complementary strengths.