CEO Today Middle East Awards

97 CEO TODAY MIDDLE EAST AWARDS 2020 Manufacturing SABIC. He is also the Chairman of the Boards of Yanbu National Petrochemical Company (Yansab), the Saudi Arabian Fertilizer Company (SAFCO), and “Nusaned”. In addition, he assumes leading positions at some national and regional associations and committees, including Chairman of the Gulf Petrochemicals and Chemicals Association (GPCA), and Chairman of the Petrochemical Manufacturers Committee. Furthermore, Mr. Al-Benyan is a member of several national and international business councils, forums, associations and boards, such as: the International Business Council of the World Economic Forum; the Global Business Council of the Bloomberg Global Forum; the Board of Directors of the Boao Forum for Asia (BFA); the International Council of Chemical Associations (ICCA); the Royal Commission for Jubail & Yanbu; and the Saudi Ports Authority. Mr. Al-Benyan is also a member of the King Saud University Advisory Board, . and a member of the Board of King Abdulaziz City for Science & Technology, the Human Resources Development Fund (HRDF), and the Constituent Council of Future Transportation Sector Development Project. Prior to being named the Vice Chairman and Chief Executive Officer of SABIC, Mr. Al-Benyan served as the Executive Vice President, Corporate Finance and CFO. Before that, in 2013, Mr. Al-Benyan was elected to head SABIC’s Chemicals SBU, the company’s largest sector, contemplated to spearhead SABIC achievement of its goal of becoming the preferred global leader in chemicals by 2025. He had previously served a chairman andamemberof boardsof several companies and committees, including the Chairman of Saudi Iron and Steel Company (HADEED), and a member of the Board of the National Industrial Clusters Development Program, the International Advisory Board of King Fahad University of Petroleum & Minerals, and the Executive Committee of Riyadh Economic Forum of Riyadh Chamber of Commerce & Industry. BACKGROUND Since SABIC’s founding, its employees have exhibited a remarkable ability to do what others said couldn’t be done. Ranked among the world’s largest petrochemicals manufacturers, SABIC is a public company based in Riyadh, Saudi Arabia. 70% of the Company’s shares are owned by the Saudi Arabian government, with the remaining 30% publicly traded on the Saudi stock exchange. SABIC began in 1976 by Royal decree and its growth has been nothing short of miraculous. Today, the company has operations in over 50 countries with a global workforce of over 33,000 talented individuals. ORGANIZATION SABIC is composed of four strategic business units – Petrochemicals, Specialties, Agri-Nutrients, and Metals – each headed by an Executive Vice President. They support customers by identifying and developing opportunities in key endmarkets such as construction, medical devices, packaging, agri-nutrients, electrical and electronics, transportation and clean energy. LOCATION SABIC’s principle corporate offices and headquarters are in Riyadh, Saudi Arabia with major industrial operations in the industrial city of Al-Jubail on the Arabian Gulf, as well as in Yanbu on the Red Sea. SABIC’s global presence continues to grow rapidly. Our ambitious plans for expansion are matched by the development of an infrastructure of manufacturing plants, technology centers, distribution centers, offices and storage facilities worldwide. This enables us to respond efficiently to the needs of our customers in key markets around the world. www. sabi c .com