Yousef Abdullah Al-Benyan is Vice Chairman and CEO of SABIC, the world’s fourth largest diversified chemicals company. Headquartered in Riyadh, Saudi Arabia, SABIC has 40,000 employees worldwide, with operations in more than 50 countries.
Mr. Al-Benyan joined SABIC in 1987, just eleven years after the company’s formation. His first role was as a business development specialist before joining Corporate Communications. Mr. Al-Benyan relocated to Stamford, Connecticut as Operations Manager. In 1994, he became Commercial Manager for SABIC in the USA and Latin America, based in Houston, Texas. In 2002, he was promoted to General Manager of SABIC Asia, headquartered in Singapore. He made significant contributions to SABIC growth in Asia, especially in China.
Mr. Al-Benyan returned to Houston in the fall of 2005 as the General Manager of SABIC Americas.
Then, in 2007, he took on the role of General Manager at Fiber Intermediates, before being named in February 2008 to head Corporate Human Resources.
As Chairman of the ‘1 SABIC’ global unification initiative, he reorganized the company’s business structure with a new, single global organization and operating model, moving from a responsive, transactional entity to a proactive, strategic global organization.
In 2013, Mr. Al-Benyan was named to head SABIC’s Chemicals business, the company’s largest unit, to help SABIC achieve its goal of becoming the preferred global leader in chemicals by 2025.
Prior to being named Vice Chairman and Chief Executive Officer, Mr. Al-Benyan also served as Executive Vice President, Corporate Finance and CFO.
Other positions he holds include Chairman of the Boards at Yanbu National Petrochemical Company (Yansab) and the Saudi Arabian Fertilizer Company (SAFCO), as well as Chairman of the Petrochemical Manufacturers Committee. He was elected Chairman of the GPCA Board in May 2016.
He is a member of the Board of Directors of the Royal Commission for Jubail and Yanbu and the Saudi Ports Authority. Mr. Al-Benyan is a member of the King Saud University Advisory Board as well as a member of the King Fahad University and Minerals International Advisory Board. He is a board member of the King Abdulaziz City for Science and Technology, the National Industrial Clusters Development Program, and an Executive Committee member of the Riyadh Economic Forum at the Riyadh Chamber of Commerce.
Mr. Al-Benyan holds an Economics degree and a Master in Industrial Management, in addition to several specialized executive management courses.