Sun 21 Mar 2010 12:01 PM
Mohamed Al Mady
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Mohamed Al Mady

Industry: Energy

Company: Saudi Basic Industries Corporation

Designation: CEO

Country: Saudi Arabia

Occupation: CEO

Al Mady joined
SABIC

in 1976 with a master’s degree in chemical engineering from the University of Wyoming, USA, and held various key positions within the company before his rise to the top.

SABIC

is comfortably the largest listed company in the Middle East, and the world’s biggest chemical maker. And, as its CEO since 1998, there is no doubt Al Mady still boasts considerable influence on the industrial markets. Under Al Mady’s stewardship,
SABIC

has grown from a company that employed six people in 1976 to one that employs 31,000 today with a market capitalisation in excess of $30bn.
SABIC

shares have lost around 73 percent of their value in the last year, but are still the envy of rival firms.

Last year, Al Mady was named the world’s third most influential person in the global chemicals industry by London-based industry magazine, ICIS Chemical Business.
SABIC

is today at the forefront of massive petrochemical industry expansion.