Mr. Musaad Sulaiman Al-Ohaly

Board Member, Chairman of the Nomination and Remuneration Committee

Member Profile

Classification: Independent
Position: Chairman of the Nomination and Remuneration Committee
Appointment Date: 21/06/1446H (22/12/2024)

Master’s degree in Chemical Engineering from King Fahd University of Petroleum and Minerals, with highest honors.

Held various positions at Saudi Petrochemical Company (SADAF) – SABIC/Shell JV (1984-2004).
Vice President of Strategic Business Unit – Fertilizers at SABIC (2004-2008).
Vice President, responsible for establishing the Specialty Chemicals Strategic Business Unit at SABIC (2006-2008).
Chief Operating Officer and Managing Director of Chemicals & Intermediates at SABIC Europe in the Netherlands, responsible for
SABIC’s operations in the Netherlands, Belgium, Germany, and the UK (2008-2009).
Executive Vice President of Manufacturing at SABIC, responsible for global manufacturing operations in Saudi Arabia, Europe, and China (65 million tons production and 17,000+ workforce) (2009-2013).
Executive Vice President of Polymers at SABIC, overseeing polymer sales (~$20 billion revenue) (2013-2015).
Executive Vice President & Chief Financial Officer at SABIC, overseeing a $40 billion revenue company with 30% EBITDA margin, responsible for IFRS transition & restructuring of struggling subsidiaries (2015-2018).
Senior Executive Advisor to the President and Member of SABIC’s Executive Committee, leading key projects like the spin-off of the Specialty Products Unit and integration of major SABIC subsidiaries (2018-2020).
CEO of Ma’aden, leading performance enhancement projects, including governance restructuring and ERP-Oracle updates (2020-2021).
Private Investment Management and Board Memberships since 2021.

Board Member at Sahara International Petrochemical Company (Sipchem) – specializing in petrochemicals manufacturing & marketing.
Board Member at the National Industrial Company – specializing in packaging materials manufacturing.