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Meet the Top CEOs Leading Saudi Arabia’s Business Landscape

BusinessMeet the Top CEOs Leading Saudi Arabia's Business Landscape

Forbes recently released the Middle East region’s top-ranking 100 C.E.O.s list. The 100 C.E.O.s managed over $1 trillion in revenues, with their companies collectively valued at $5 trillion.

Regardless of the economic condition and market situation, C.E.O.s bear the most responsibility for a company’s results. The corporate system’s success with ever-improving corporate governance over several years demonstrates this.

Today, ownership and management are separate in companies. Forbes reported that the trend is also apparent in government-owned businesses. Defence and utilities sectors are now being incorporated and listed on stock exchanges. 

Today’s C.E.O.s focus on long-term benefits through innovation, technology, and E.S.G. initiatives.

For example, Amin H. Nasser, in 2022, led Saudi Aramco to regain its former position and usurp Apple to become the world’s most valuable company by market value. 

Ranking Methodology

Forbes ranking, the top C.E.O.s based on questionnaires, information collected from stock market disclosures, annual reports, industry reports, and financial statements. The list excluded Business Owners, and only C.E.O.s made it into the list.

Impact

The C.E.O.s were ranked based on their impact on the region and the markets. The achievements and performance of the C.E.O. in the last year.

The innovations and initiatives that the C.E.O. has implemented and the performance of the C.E.O. in the previous year.

Top 10 List

1. Amin H. Nasser

President and C.E.O. Saudi Aramco

Sector: Energy

Nationality: Saudi

Amin_Nasser_CEO Top Ranking C.E.O.s of Saudi Arabia in 2022-saudiscoop (3)

2. Yousef Abdullah Al-Benyan

Vice Chairman and C.E.O. SABIC

Sector: Industrials

Nationality: Saudi

Yousef-Al-Benyan-SABIC- Top Ranking C.E.O.s of Saudi Arabia in 2022-saudiscoop (9)

3. Waleed Abdullah Al-Mogbel

C.E.O. Al Rajhi Bank

Sector: Banking

Nationality: Saudi

Waleed-Al-Mogbel-Top Ranking C.E.O.s of Saudi Arabia in 2022-saudiscoop (4)

4. Saeed Al Ghamdi

Managing Director and Group C.E.O. Saudi National Bank (S.N.B.)

Sector: Banking

Nationality: Saudi

Saeed-Al-Ghamdi-Top Ranking C.E.O.s of Saudi Arabia in 2022-saudiscoop (5)

5. Olayan M. Alwetaid

Group C.E.O. STC

Sector: Telecommunications

Nationality: Saudi