hazim almegren

MANAGING DIRECTOR - Alvarez & Marsal

Riyadh, Saudi Arabia


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.


When Tony Alvarez and Bryan Marsal joined forces in 1983, it was with the intent of seamlessly linking operations, performance improvement and value creation to best help companies turn areas of stagnation into growth to achieve sustainable results. This ethos remains at the core of our firm. We are the consulting firm known for asking tough questions, listening well, digging in and rolling up our sleeves. We are fact-driven and action-oriented. We move our clients forward, to where they need to be. We are A&M.

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