2020 World's Most Powerful Saudis Yousef Abdullah Al Benyan
Posted inUncategorized Most Powerful People in Saudi Arabia

Yousef Abdullah Al Benyan

Company: Saudi Basic Industries Corporation (SABIC)

Designation: CEO

Yousef Al Benyan has been spearheading the evolution of Sabic, one of the world-leading petrochemical producers since 2015. Headquartered in Riyadh, the company has 34,000 employees worldwide.

Al Benyan has been pivotal in leading the kingdom’s drive into petrochemicals, which has put the country at the top of the global chemicals industry race.

For the past year, he has also been involved in the multi-billion-dollar acquisition of Sabic by Saudi Aramco. However, the industry veteran has his work cut out this year as Sabic contends with million dollar losses, blaming low prices and a slump in demand due to coronavirus.

Al-Benyan is a member of the International Business Council of the World Economic Forum and Global Business Council of the Bloomberg Global Forum. He also sits on the board of directors of Boao Forum for Asia, International Council of Chemical Associations, Royal Commission for Jubail & Yanbu, and Saudi Ports Authority.

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