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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