Stock: Saudi Basic Industries (2010)

Top Management and Board of Directors

Top Management


Top Management
NameDesignation
Yousef Abdullah Al-BenyanChief Executive Officer, Vice Chairman
Abdulaziz Saleh AljarbouChairman
Khalid Hashim Al-DabbaghNon-Executive Chairman


Board Of Directors


Board Of Directors
NameDesignation
Mohammed Talal AlnahasDirector
Khaled Homza A. NahasDirector
Khaled NahasDirector
Abdullah Mohammed AlissaDirector
Abdullah M Al-IssaDirector
Nader Ibrahim AlwehibiDirector
Roberto GualdoniDirector
Fahad Abdullah AlmubarakDirector
Olivier Gerard ThorelNon-Executive Director
Ziad Thamer Al-MurshedNon-Executive Director
Mohammed Yahya Al - QahtaniNon-Executive Director
Yousef Abdurahman Al - ZamelNon-Executive Independent Director
Nader Ibrahim Al-WehibiNon-Executive Independent Director

Profiles of Top Management

Yousef Abdullah Al-Benyan
CEO & Vice Chairman
Yousef Abdullah Al-Benyan is Vice Chairman and Member of Investment Committee, Chief Executive Officer of SABIC, the world's fourth-largest diversified petrochemicals company.
Prior to his current position, Mr. Al-Benyan served as Executive Vice President, Corporate Finance and CFO; Executive Vice President, Chemicals; and Executive Vice President, Corporate Human Resources.
Mr. Al-Benyan joined SABIC in 1987, just eleven years after the company's formation. His first role was as a business development specialist before joining Corporate Communications. Mr. Al-Benyan relocated to Stamford, Connecticut as Operations Manager, then in 1994 to Houston, Texas as Commercial Manager for SABIC in the USA and Latin America. In 2002, he was promoted to General Manager of SABIC Asia, headquartered in Singapore.
Mr. Al-Benyan returned to Houston in the fall of 2005 as a General Manager of SABIC Americas.
His other positions include Chairman of the Gulf Petrochemicals and Chemicals Association (GPCA), Chairman of the Board of Yanbu National Petrochemical Company (Yansab), the Saudi Arabian Fertilizer Company (SAFCO) and The Saudi Iron & Steel Company (HADEED).
Mr. Al-Benyan holds an Economics degree and a Master in Industrial Management, in addition to several specialized executive management courses.

Profiles of Board of Directors

Mohammed Talal Alnahas
Director
Mohammed Al-Nahas is a Member of the Board of Directors, Risk and Sustainability Committee, and the Remuneration and Nomination Committee. He is also the Governor of the Public Pension Agency, with 32 years of experience in banking, business development, and administration.
Al-Nahas also holds the positions of Chairman of AI-Raidah Investment Company (wholly-owned by the Public Pension Agency) and Chairman of the Auditing and Risk Committee at AI-Raidah Investment, and is a member of Board of Directors of Riyad Bank, Saudi Telecom Company (STC), and the International Company for Water and Power Projects (ACWA Power).
Among the key banking positions Al-Nahas has held include General Manager for Branches, Al-lnma Bank, and Regional Manager, Central Region Branches, SAMBA Financial Group. He has played a significant role in launching and operating the largest network of Islamic banking branches in Saudi Arabia and the Middle East for Al-Inma Bank.
Al-Nahas holds a Bachelor's degree in Administration from the King Saud University, and is a graduate of the University of Michigan Executive Business Administration Program.

Abdullah Mohammed Alissa
Director
Abdullah bin Mohammed Al-Issa is a Member of the Board of Directors, Head of Remuneration and Nomination Committee and Member of both Audit and Investment Committees. He is also the Chief Executive Officer of Asila Investment Company and Chairman of the Abdullah Mohammed Al-Issa Consulting Engineers.
He is the Chairman of the Board of Riyad Bank and Dur Hospitality, and holds Board membership in various companies including Maaden and Etihad Etisalat (Mobily).
Mr. Al-Issa holds an MSc in Engineering Management and BSc in Industrial Engineering from the Southern Methodist University in the United States.

Fahad Abdullah Almubarak
Director
Dr. Fahad Abdullah Almubarak, assumed his post as Member of the SABIC Board of Directors' Investment Committee in the last quarter of 2017.
Dr. Almubarak is currently Advisor to the Saudi Royal Court and Secretary General of the Saudi Secretariat for the G20. He is also a board member of several companies.
He was earlier Governor of the Saudi Arabian Monetary Agency, 2011 to 2016; Chairman of the Board of Directors of the Saudi Stock Exchange (Tadawul), 2003-2011; Member of the Board of Directors of Saudi Telecommunications Company (STC), 1998-2003; Chairman of Morgan Stanley Saudi Arabia, 2005-2011; and Member of the Board of Directors of Al-Malaz Group, 2000-2002.
Dr. Almubarak was Member of the Board of Directors of the Arab-Palestinian Investment Company, 1995-2000; General Manager of Rana Investment Company, 1992-2000; and Member of the Board of Directors of Al-Alamiya Insurance, 1996-1997.
He was also a member of the Saudi negotiating team with international oil companies to participate in gas projects in Saudi Arabia from 2000 to 2001, and a Shoura member from 1999 to 2005.
He holds a PhD in Business Administration (1991), Master's in Financial Accounting and Taxation (1989), and Master's in Business Administration (1990) all from the University of Houston, USA.
Dr. Almubarak also received a Master's degree in Industrial Engineering from Southern Methodist University in the United States in 1982, and a Bachelor's degree in Civil Engineering from the same university in 1981.

Khaled Homza A. Nahas
Director
HE Dr. Khaled Hamza Nahas is a member of SABIC Board of Directors, Chairman of Remuneration and Nomination Committee, and a member of the Investment Committee.
Dr. Nahas holds a PhD in Engineering -Economic Systems.
He is currently a member of several companies' boards of directors such as Mithaq Holding Company, and Arch Investment Company.
He began his career in the educational sector as a university lecturer. Before his appointment as a SABIC Board member, Dr. Nahas held various leadership positions, including the Deputy Chairman of the Industrial Committee of the Chamber of Commerce and Industry (1986-1989), a Member of the Shoura Council (1997-2001), and Makkah Mayor for five years (2001-2006).
Dr. Nahas was also a member of the board of directors of several companies, including Clariant Company, the Saudi Investment Bank, Military Industries Organization, Saudi Hotels Company, Saudi Telecom Company (STC), National Commercial Bank, Riyadh Bank, National Water Company, Hasanah Investment Company, and Bin Laden Co. He also chaired the Board of Directors of the National Company for Spring Mattresses and Sponges, and Tabuk Hotels Company.

Roberto Gualdoni
Director
Mr. Roberto Gualdoni, a German industrialist of 20 years' experience, assumed his post as Member of the SABIC Board of Directors' Remuneration and Nomination Committee in the last quarter of 2017.
He has been Member of the Board of Directors of the Carmeuse Group since early this year and Member of the Board of Directors of the American Aerogel Corp since 2016. He has also been a non-executive member of the Board of Directors of Outokumpu Oyj since 2014. He is also the Chairman of Cabb.
Gualdoni was Member of the Board of Directors of several other companies, including Plastics Europe, 2012 to 2014; BIT AG, Zug/Switzerland, 2006 to 2007; Plastic Recovery Consulting Tecpol, 2002 to 2005; and FIW Munich, 1998 to 2001.
He was Chairman of the Supervisory Board of BASF GE Schwarzheide from 2001 to 2005.
Gualdoni holds a Master's degree in business administration from France (1987), and a Bachelor's degree in industrial engineering from Argentina (1983).

Abdullah M Al-Issa
Director
Abdullah bin Mohammed Al-Issa is the Chief Executive Officer of Asila Investment Company and Chairman of the Abdullah Mohammed Al-Issa Consulting Engineers.
He is also the Chairman of the Board of Riyad Bank and Dur Hospitality, and holds Board membership in various companies including Maaden and Etihad Etisalat (Mobily).
Mr. Al-Issa holds an MSc in Engineering Management and BSc in Industrial Engineering from the Southern Methodist University in the United States.

Khaled Nahas
Director
Beginning his career as a university lecturer, Dr. Khaled Nahas is now a prominent businessman, holding a PhD in Engineering of Economic Systems.
Before his appointment as a SABIC Board Member, Dr. Nahas held various prestigious positions, including Deputy Chairman of the Industrial Committee in the Chamber of Commerce and Industry (1986-1989), Member of the Shoura Council (1997-2001), and Makkah Mayor (2001-2006).
Dr. Nahas was also a member of the Board of Directors of several companies, including Saudi Investment Bank, Military Industries Organization, Saudi Hotels Company, Saudi Telecommunications Company, National Commercial Bank, and Riyadh Bank. He was also Chairman of the Board of Directors of the National Company for Spring Mattresses and Sponges and the Tabuk Hotels Company.
He is currently a Board Member of the National Water Company, and Hasanah Investment Company.

Nader Ibrahim Alwehibi
Director
Mr. Nader Ibrahim Al-Wehibi is a member of SABIC Board of Directors and a member of the Audit Committee and the Risk and Sustainability Committee.
Mr. Al-Wehibi holds a Master's degree in Social Protection Policy from Maastricht University, The Netherlands, and a Bachelor's degree in Insurance from Indiana State University, the United States.
Mr. Al-Wehibi is currently the Assistant Governor for Insurance Affairs, General Organization for Social Insurance (GOSI). He is also a member of the Board of Directors, a member of the Executive Committee, and member of the Nominations & Compensations Committee of Riyad Bank, and a board member of Clariant.
He previously served as a member of the Board of Directors of the National Medical Care Company, and a member of the Board of Directors of Jarir Marketing Company; and occupied several positions at the General Organization for Social Insurance (GOSI).