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TOP 100 CEOs IN THE MIDDLE EAST 2022
July 2022
|Forbes Middle East - English
Irrespective of the economic environment, market conditions, and other factors, it is the CEO who bears most of the responsibility for the success or failure of the company they lead.
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1 Amin H. Nasser
President and CEO
Nationality: Saudi
Company: Saudi Aramco
Country: Saudi Arabia
Sector: Energy
Nasser has been leading one of the world’s largest providers of crude oil to the global market since 2015. Saudi Aramco had a market cap of $2.3 trillion as of June 13, 2022. In 2019, it was listed on the Saudi Exchange, and in 2020 it acquired a 70% stake in SABIC. The group reported revenues of $400.5 billion and assets worth $576.7 billion in 2021. Nasser is also a member of the International Advisory Board of the King Fahd University of Petroleum and Minerals. He sits on the Board of Trustees for the King Abdullah University of Science & Technology, the World Economic Forum’s International Business Council, the Massachusetts Institute of Technology Presidential CEO Advisory Board, and the JP Morgan International Council.
This is becoming years. There is now a clear separation between ownership and management in companies throughout the region. This trend is particularly strong in government-owned businesses, with even sectors such as defense and utilities now being incorporated and even being listed on stock exchanges. This has made CEOs focus more on long-term benefits that stem from innovation, technology, and ESG initiatives.
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