
34. Abdulrahman Saleh Al-Fageeh
CEO, SABIC
Origin: Saudi Arabia
Residence: Saudi Arabia
Sector: Industry
2023 Rank: 30
Ever since being named permanent CEO last year, Al-Fageeh’s core mandate has been to take SABIC, one of the world’s biggest petrochemical companies, to the next level. One of the big moves that SABIC was involved in last year was its Fujian Petrochemical Complex in China. A joint venture between SABIC (as the majority partner) and Fujian Fuhua Gulei Petrochemicals, resulted in a $6.4bn investment, increasing the Saudi chemical giant’s footprint in mainland China. Al-Fageeh is also the chairman of SABIC Agri-Nutrients Company and the Nusaned Investment Company. He further sits on the boards of the Royal Commission for Jubail and Yanbu and the Saudi General Authority of Foreign Trade.