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Board Members

Yousef Abdullah AL-BENYAN

Time:2016-03-31 09:19:17    Views:1295114    Origin:Boao Forum for Asia

Yousef Abdullah Al-Benyan is Vice Chairman and Chief Executive Officer of SABIC, the world’s second largest diversified petrochemicals company. Headquartered in Riyadh, Saudi Arabia, SABIC has 40,000 employees worldwide and 2014 revenues in excess of US$ 50 billion. 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. In 1994, he became Commercial Manager for SABIC in the USA and Latin America, based in Houston, Texas. In 2002, he was promoted to General Manager of SABIC Asia, headquartered in Singapore. He made significant contribution to SABIC growth in Asia, especially in China. Mr. Al-Benyan returned to Houston in the fall of 2005 as a General Manager of SABIC Americas. Then, in 2007, he took on the role of General Manager at Fiber Intermediates, before being named in February 2008 to head Corporate Human Resources.

As Chairman of the ‘1 SABIC’ global unification initiative, he reorganized the company’s business structure with a new single global organization and operating model, moving from a responsive, transactional entity to a proactive, strategic global organization. In 2013, Mr. Al-Benyan was named to head SABIC’s Chemicals business, the company’s largest unit, to help SABIC achieve its goal of becoming the preferred global leader in chemicals by 2025. Prior to being named Vice Chairman and Chief Executive Officer, Mr. Al-Benyan also served as Executive Vice President, Corporate Finance and CFO. Other positions held include Chairman of the Boards at Yanbu National Petrochemical Company (Yansab) and the Saudi Arabian Fertilizer Company (SAFCO). He is also member of the Board of Directors of the Royal Commission for Jubail & Yanbu; MARAFIQ (Power and Water Utility Co. for Jubail & Yanbu), Saudi Ports Authority; and a board member of Saudi Arabian Company of Industrial Investment. He is also an Executive Committee member of the Riyadh Economic Forum at Riyadh Chamber of Commerce. Mr. Al-Benyan holds an Economics degree and a Master in Industrial Management, in addition to several specialized executive management courses.