Sadara's Massimiliano Leopardi honoured as top regional financial leader at MENA CFO Excellence Awards

Massimiliano Leopardi, Sadara's vice president of finance and chief financial officer, was honoured recently as one of the top CFOs in the Middle East and North Africa. Leopardi was ranked third in the 'MENA CFO of the Year' category at the MENA CFO Excellence Awards.

Massimiliano Leopardi (right), Sadara’s vice president of finance and chief financial officer, receives the ‘MENA CFO of the Year’ award at the MENA CFO Excellence Awards.
Massimiliano Leopardi (right), Sadara’s vice president of finance and chief financial officer, receives the ‘MENA CFO of the Year’ award at the MENA CFO Excellence Awards.

The MENA CFO Excellence Awards recognise individuals and organisations for their outstanding achievements and revolutionary practices in finance. It is organised in conjunction with the CFO Strategies Forum MENA, which brings together over 120 chief financial officers, CEOs and industry experts to discuss industry trends, catalyse the region’s continuous growth and provide them with unparalleled education and networking opportunities.

Leopardi was awarded for his achievements over the past year as CFO and leader of the finance function at Sadara. He was commended by the jury for his work around Sadara’s Interest Rate Hedging Program, the Insurance Program, the Enterprise Wide Risk Management Program, the Cost Management Program, the Sale and Leaseback of the Solids and Liquids Handling Center (Packaging Center) and the Refinancing of the Hydrogen Peroxide Joint Venture. Leopardi was also invited by the forum to present Sadara’s risk management practices, which were recognised as being the best practice regionally.

Leopardi has been the chief financial officer at Sadara Chemical Company since July 2014, and has a wealth of experience spanning over 20 years in the finance and petrochemical industries. He plays a key role in the continued growth of Sadara – a joint venture developed by Saudi Aramco and Dow and the world's largest chemical complex built in a single phase – serving as an integral and strategic member of its senior management team, and is primarily responsible for the management of the company's present and future financial position, and building a strong and capable financial team to support the company's business and operations.

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