Saudi Aramco CEO tops Forbes ME’s list of top 100 CEOs

Saudi Aramco’s CEO and President Amin H. Nasser ranked first on the Forbes Middle East’s list of top 100 CEOs in the region this year.

The Saudi Aramco CEO has been leading one of the world’s largest providers of crude oil to the global market since 2015. He is also a member of the International Advisory Board of the King Fahd University of Petroleum and Minerals and sits on the Board of Trustees for the King Abdullah University of Science and Technology, the World Economic Forum’s International Business Council, the Massachusetts Institute of Technology Presidential CEO Advisory Board, and the JP Morgan International Council.

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Ranking second on the list was the United Arab Emirates’ Minister of Industry and Managing Director and Group CEO of Abu Dhabi National Oil Company (ADNOC) Dr. Sultan bin Ahmed al-Jaber and third was Sheikh Ahmed bin Saeed Al Maktoum, Chairman of Dubai Civil Aviation Authority, Chairman of Dubai Airports and Chairman and CEO of Emirates Airline and Group.

This year’s list consisted of CEOs from 26 different countries. The banking and financial services sectors were the most represented on this year’s list, accounting for 27 CEOs, followed by eight CEOs in the telecommunications industry, and seven that head logistics and energy companies.

Forbes said the rankings were based on the impact the CEOs had on the wider region, their country, and the markets they serve. The CEO’s overall experience and time in their current position, the size of the company (in terms of assets, revenues, and market cap), their achievements and performance in the last year, as well as the innovations and initiatives they implemented, were also included in the ranking criteria.

Since 2016, al-Jaber has been the Group CEO and Managing Director of ADNOC, one of the world’s largest energy producers with a current production capacity of four million barrels of oil and 11 billion cubic feet of natural gas per day, Forbes said.

The ADNOC CEO is also the UAE’s special envoy for climate and the country’s Minister of Industry and Advanced Technology.

Sheikh Ahmed bin Saeed became the chairman of Dubai Civil Aviation Authority and Emirates Airlines in 1985 and oversees over 85,000 people. Emirates Group recorded revenues of $18.1 billion for the financial year 2021/22, Forbes said.

Al Maktoum is also chairman of Emirates NBD, Dubai Aerospace Enterprise, the Alliance Insurance Company, and the Dubai Supreme Council of Energy.

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