Mohammed Abdul Latif Jameel is Chairman and Chief Executive Officer of Abdul Latif Jameel, a collective of independent international, family-owned and diversified businesses, founded in 1945, by his father, the late Abdul Latif Jameel.
Today, Abdul Latif Jameel’s core business areas include transportation and mobility solutions; financial services; residential real estate development; sustainable energy and water infrastructure solutions and wider environmental services; consumer products; advertising and media, and global health care.
Abdul Latif Jameel had grown significantly in its 75-year history, flourishing from its deep regional roots to be a truly global business with a presence in 30 markets over six continents, including Europe, Africa, Asia Pacific, North and South America, employing over 11,000 people from more than 40 nationalities.
Abdul Latif Jameel has always believed in ‘business with a purpose’ and sought to actively create value by competing not to be best in the world, but best for the community. This approach is also inherent in non-operational investment.
The Jameel Family’s global investment arm, ‘JIMCO’ (the Abdul Latif Jameel Investment Management Company) actively invests in innovative, early-stage and breakthrough ventures, business models and emergent technologies, aiming to positively shape the future of core industries driving the global economy.
These investments embrace medical and health industries – with a focus on increasing healthcare inclusivity in the ‘Global South’ through accelerating access to modern medical technology – and also in fields including fintech, insurtech, electric vehicles and sustainable future mobility solutions. The Jameel Family were founding shareholders in US-based electric vehicle manufacturer RIVIAN.
Mr. Jameel, together with other members of the Jameel Family, is also a major investor/developer of the Anjum Hotel in the Holy City of Makkah, Saudi Arabia. with 1,650 rooms in the first phase and a second phase (under construction) of 3 towers with 3,977 rooms. The Hotel offers a genuine Hijazi welcome to Hajj and Umrah visitors from across the world -uniting spirituality with hospitality while supporting and contributing to the continued growth of the local community.