11. Ahmed Omar Abdulla, CEO, Borouge
Improving his ranking in the ‘Power 50’ by one position, Ahmed Omar Abdulla, CEO, Abu Dhabi Polymers Company (Borouge), is the 11th in the 2017 list. Abdulla has spent his entire career with the ADNOC group of companies and, therefore, has extensive experience in the oil and gas industry. He is the CEO of Borouge since May 2016.
Under his leadership, Borouge recently received the Hamdan bin Mohammed Award for Innovation in Project Management under the category of ‘Innovative Idea in Portfolio Management’ due to its recognised creative approach in carrying out innovation, operations, marketing and sales projects across the organisation. In November 2016, Borouge has won the prestigious Gold category of the Sheikh Khalifa Excellence Award in recognition of its outstanding performance and commitment to excellence throughout its operations.
12. Dr Mohammed Bin Hamed Al Rumhi, Chairman, Orpic
Making his debut to the ‘Power 50’ list, Dr Mohammed Bin Hamed Al Rumhi occupies the 12th rank. Recently, Oman Oil Refineries and Petroleum Industries Company (Orpic) has announced a reconstitution of its board of directors. The new board will be chaired by Dr Mohammed bin Hamed Al Rumhi, minister of oil and gas, Sultanate of Oman.
Dr Al Rumhi started his career as a petroleum engineer with PDO in 1980, where he continued till 1986. During 1990-97, he held a number of academic positions with the College of Engineering, Sultan Qaboos University, Oman. Since December 1997, Dr Al Rumhi is the minister of oil and gas, Sultanate of Oman. He is currently chairman of PDO; chairman of Oman Oil Company; chairman of Oman LNG; chairman of Telecommunication Regulatory Authority, Oman; and chairman of National Training Fund, Oman.
13. Dr Ahmed Al Sharayan, Chairman, GPIC
Dr Ahmed Al Sharayan, chairman, Gulf Petrochemical Industries Company (GPIC), makes his first appearance in the ‘Power 50’ list with the 13th rank. GPIC achieved its highest productivity ever of ammonia, urea and methanol in Q3-2017. Total production reached 1.2 million tonnes in the third quarter and this included 347,000 metric tons of ammonia, 331,000 metric tons of methanol and 525,000 metric tons of urea.
Dr Al Sharayan led a high-powered delegation to the 23rd Forum of the Arab Federation Association (AFA) held in the Egyptian capital, Cairo, from 31 January to 2 February 2017. In a statement, Dr Al Sharayan said his presence and participation in the opening ceremony was to show support for the AFA’s activities, especially in the light of the great importance the Arab states attach to the fertiliser and petrochemical sectors.
14. Ruya Bayegan, CEO, Bayegan A.S.
Ruya Bayegan, CEO, Bayegan A.S., improves her position by three places in this year’s ‘Power 50’, as one of the most powerful women in the petrochemical and oil and gas trading industry. She remains in a top spot in the list for the fifth consecutive year, rubbing shoulders with many industry veterans and respected visionaries.
Ruya’s journey to the top is an inspiring story. After graduating from Newbury College in Boston in 1992, she moved back to Turkey where she joined her father’s textile business. Starting from the lowest ranks, she gradually moved up to top supervisory positions before moving on to build her own career in Turkey’s industrial sector. Ruya joined Bayegan in 2002 and, after taking the reins as the company CEO, has steered the group into continued growth and prosperity.
Formed in 1945, Bayegan is one the oldest players in the region’s petrochemical sector. Today, the company operates over 24 offices with a combined workforce of more than 200 employees in 100 countries around the world. Thanks to its vast distribution network and logistical capabilities, and under Ruya’s clear vision for success, Bayegan has become a hallmark of excellence in a highly competitive market.
With its main headquarters in Turkey, an emerging chemical trading hub and home to a rapidly growing downstream sector, Bayegan is strategically located to serve customers anywhere around the world. Currently, the company holds the exclusive rights to market and sell products from key chemical and petrochemical producers in the Middle East and the surrounding regions.
Some of its partners include leading chemical players like Tasnee, Chevron, Ineos, Ethdyco, Evonik and Orion, to name a few. Its annual volume of polymer trade surpasses the one million tonnes mark, while the overall volume, including oil and gas trade, is over 8mn tonnes. Beyond markets in the Middle East, Bayegan is an influential player in Europe, Asia and America, and boasts a strong presence on the African continent.
15. Dr Ramesh Ramachandran, Presdient and CEO, EQUATE
Dr Ramesh Ramachandran was named as EQUATE Petrochemical Company (EQUATE) president and CEO in November 2017, and retains his ranking in this year’s ‘Power 50’. Prior to the new appointment, Dr Ramachandran served as the senior executive vice president of EQUATE. With a career of over 25 years in several leading roles at Dow Chemical Company (Dow), Dr Ramachandran has served as the president and CEO of Dow Chemical International Pvt Ltd (Dow India) and president of Dow Canada, among other prominent executive positions at EQUATE and its fully owned subsidiary MEGlobal.
Dr Ramachandran succeeded Mohammad Hussain, who retired after serving as CEO for two consecutive 3-year terms and a career in the oil, gas, and petrochemical industry extending over 35 years. During his tenure, Hussain led the transition of the organisation from a single-plant operation to a global leader with manufacturing operations in Kuwait, Europe and North America.
Dr Ramachandran earned his doctorate in surface and colloid chemistry from Columbia University, New York, and holds an MBA from Rutgers University, New Jersey. Dr Ramachandran has received multiple awards in recognition of his business contributions. He holds several patents and publications to his credit.
EQUATE is a global producer of petrochemical products and the world’s second largest producer of ethylene glycol (EG), the raw material mainly used to manufacture polyester fibres. The EQUATE Group annually produces over five million tons of ethylene, EG, polyethylene and polyethylene terephthalate. The products are marketed throughout Asia, the Americas, Europe, the Middle East and Africa.
The EQUATE Group’s shareholders include Petrochemical Industries Company, The Dow Chemical Company, Boubyan Petrochemical Company and Qurain Petrochemical Industries Company. The group is a leading enterprise that pursues sustainability wherever it operates through partnerships in fields that include the environment, economy and society.
16. Hosnia Hashim, Vice Chairman, Kuwait National Petroleum Company
Retaining her ranking in the 2017 ‘Power 50’, Hosnia Hashim, vice chairman, Kuwait National Petroleum Company, holds the 16th position in the list. Hosnia is a recognised leader of the Kuwait oil sector, with a brilliant career shaped by more than 25 years of professional experience, reaching the highest executive roles so far assumed by a woman in the upstream sector of Kuwait.
Earlier, Hosnia was vice president, operations, at Kuwait Foreign Petroleum Exploration Company, and was accountable for all the international upstream operations of the oil sector of the State of Kuwait in 15 countries, spanning many continents. Prior to that, in Kuwait Oil Company, she held the title of deputy managing director. In November 2015, she was named ‘Oil and Gas Woman of the Year’ by ADIPEC.
17. Dr Abdulrahman A Hussain Jawahery, President, GPIC
Dr Abdulrahman A Hussain Jawahery, president, Gulf Petrochemical Industries Company (GPIC) occupies the 17th position in the 2017 ‘Power 50’. One of the most prominent figures in the energy sector of the Kingdom of Bahrain, Dr Jawahery has led GPIC, the Kingdom’s most successful downstream venture, since 1 January 2011, utilising decades of experience in a variety of sectors such as refining, petrochemicals and fertilisers.
Dr Jawahery has occupied an array of senior management roles in many organisations. He is also a regular speaker at key industry events, representing the GGC producers, and advocates for further development of the downstream industries to fulfil the region’s potential, and to create more value from its vast hydrocarbon resources. In 2015, Dr Jawahery received the ‘Bahrain Competency Medal of the First Class’ from His Majesty King Hamad bin Isa Al Khalifa.
18. Abdulaziz M Al-Judaimi, Senior Vice President, Downstream, Saudi Aramco
Making his debut to the ‘Power 50’, Abdulaziz M Al-Judaimi, senior vice president, downstream, Saudi Aramco, is in the 18th position in this year’s list. Al-Judaimi was appointed as senior vice president of downstream on 1 May 2017, having previously served as acting business line head. He had previously served as the vice president, power systems, an assignment he took on in September 2014.
Prior to that, Al-Judaimi held similar leadership positions with corporate planning, chemicals and new business development. He was appointed vice president – northern area oil operations (NACO) in April 2007, after being elevated to the post of executive director of NAOO in September 2006. Al-Judaimi joined the company in January 1994, following the merger of Saudi Arabian Marketing and Refining Co with Saudi Aramco.
19. Luciano Poli, President, Dow, India, Middle East and Turkey
Luciano Poli, the newly appointed president of Dow for India, Middle East and Turkey region, makes his first appearance in the ‘Power 50’ list with the 19th rank. Poli was appointed at this position in August 2017. In this role, he is responsible for driving the region’s growth strategy and further enhancing Dow’s leadership position through strengthening relationships and partnerships with key stakeholders.
Since joining Dow in 1989, Poli’s career at Dow has spanned assignments in treasury, corporate finance, mergers and acquisitions (M&A), mega project management, joint ventures (JV) and leadership for large area finance organisations. He has been instrumental in implementing Dow’s strategy in the Middle East and Asia Pacific regions via joint ventures, petrochemical projects and various M&A transactions, including the formation and construction of Sadara.
20. John Frijns, Vice President, Middle East, BASF
This year, John Frijns improves his ranking in the ‘Power 50’ list by one place, occupying the 20th position. As vice president, Middle East, BASF, Frijns manages the growing business of the company, the world’s largest chemical company, on the Arabian Peninsula, Egypt and Iran. BASF has been operating in the Middle East region for over six decades, providing innovative products and solutions that contribute to conserving resources, ensuring good nutrition and improving quality of life for the region’s 325 million citizens.
In his current role, Frijns leverages his well-established network with key players in the region and focuses on building strong partnerships critical to the increasingly important role the Middle East plays in BASF’s ongoing expansion plans. Prior to being appointed VP, Middle East, on 1 July 2015, he headed the BASF regional business unit, plastic additives, Europe, located in Basel, Switzerland.