Ma'aden's Board of Directors is responsible for the overall strategy and direction of the Company's business. The Board consists of nine directors appointed by the Ordinary General Assembly for a term of 3 years. The Board includes the President of the Company and four members representing the Saudi Government, so long as the Government holds at least 50 percent of the shares in the Company.
BOARD OF DIRECTORS
HE Yasir Bin Othman Al-Rumayyan is the Chairman of the Board of Maaden - Saudi Arabian Mining Company since the end of September 2019, a member of the Council of Economic and Development Affairs, the Governor of the Public Investment Fund, and the Chairman of Saudi Aramco’s Board of Directors.
He also serves as an advisor to the General Secretariat of the Council of Ministers, the Chairman of the Decision Support Center, and a board member of Saudi Industrial Development Fund.
He holds a bachelor degree in accounting from King Faisal University and has completed the general management program at Harvard Business School.
HE Sulaiman Abdulrahman Al-Gwaiz was appointed to Ma’aden’s Board on 1 January 2014. Al-Gwaiz has been the Governor of the General Organization for Social Insurance (GOSI) since 2013.
Prior to his appointment to the Board, he held several senior positions in the banking industry in the Kingdom, working at Samba (formerly Saudi American Bank) and Riyad Bank, gaining experience across diverse functions. He was the Deputy CEO of Riyad Bank from 1991 to 2012. Since 1 October 2010 he has been a member of the Board of Directors of the Saudi Industrial Investment Group.
Al-Gwaiz secured his bachelor’s degree in business administration from Portland University, USA, in 1981.
H.E. Eng. Abdullah Bin Ibrahim Al-Saadan – of the Royal Commission for Jubail and Yanbu - was appointed to Ma’aden’s Board on 28 April 2016. Having worked for more than 30 years at Saudi Aramco, his career provided him with experience in leadership positions. He worked as the Senior Vice President of Finance. Previously, he was President and CEO of SAMREF and Vice President of Saudi Aramco Gas Operations.
Al-Saadan holds a bachelor’s degree in chemical engineering from King Fahd University of Petroleum and Minerals and a master’s degree in chemical engineering from the University of Louisiana at Lafayette, as well as an MBA from the Massachusetts Institute of Technology (MIT), USA.
H.E. Eng. Khalid Al-Mudaifer, the Deputy Minister of Energy, Industry and Mineral Resources (MEIM) was President and CEO of Ma’aden from 2011 to 2018. He led the company as it grew into a world class integrated national mining champion serving global markets.
Al-Mudaifer has 30 years of industrial experience, including 23 years in the mining sector and 24 years in executive leadership. Khalid joined Ma’aden in 2006 as Vice President for Phosphate and Business Development where he led the development of the Ma’aden Phosphate business and the master planning and development of Ras Al Khair Industrial City.
Prior to joining Ma’aden, Mr. Mudaifer President of the Qassim Cement Company from 1993 to 2006 and was Vice President and Director of Finance at the Eastern Petrochemical Company (Sharq/SABIC JV) from 1986 to 1993.
In the past, Khalid has held a number of board memberships with Qassim Cement and Saudi Arabian Railways, the Gulf International Bank, the International Fertilizer Association (IFA), the US Saudi Arabia Business Council (USSABC) and a number of social and government committees, boards and councils.
He holds an MBA and a Bachelor’s degree in Civil Engineering from King Fahad University of Petroleum and Minerals (KFUPM).
Richard O’Brien was appointed to Ma’aden’s Board effective 25 October, 2017. He was Chief Financial Officer and later CEO of Newmont Mining Corporation, one of the world’s largest gold mining companies, during 2005-13.
During 1984-2000, he held several positions including that of Operations Manager and CFO at PacifiCorp, working in coal mining, power generation, distribution and transportation. He is a non-executive member of the Board of Directors of electricity company Xcel Energy, where he also chairs the Audit Committee and is member of the Operations Committee and Environment and Safety Committee. He sits on the Board of Directors of Vulcan Materials Company, which produces construction materials, and chairs the Audit and Environment and Safety committees.
O’Brien secured his bachelor’s degree in Economy from Chicago University, USA and professional doctorate in law from Lewis & Clark Law School, USA.
Dr Klaus Kleinfeld was appointed to Ma’aden’s Board effective 25 October, 2017. He was Chairman and CEO of Arconic (a leading multi-material, precision-engineered products and solutions company spun off from aluminium major Alcoa), during 2016-17.
During 2007-16, Kleinfeld held several positions in Alcoa, eventually becoming the CEO and Chairman of the Board (Mining, Building and Construction). Between 1986 and 2007, he worked at Siemens in several positions, leading to his appointment as CEO (Telecommunications, Energy, Pharmaceuticals, Medical Devices, Technology, Transportation). Prior to that he was consultant and product manager in the pharmaceutical industry in SGURD SNC.
He is an Independent member of the Board of Directors of Fero Labs and founded his own company K2Elevation. He has previously sat on the Boards of Bayer AG (10 years), Morgan Stanley (six years) and Hewlett Packard (three years).
Kleinfeld holds a PhD in strategic management from Würzburg University and an MBA from Göttingen University, both in Germany.
Abdullah Bin Mohammed Al-Issa was appointed to Ma’aden’s Board on 28 April 2016. He has a unique portfolio of experience as a leading businessman.
He is the chairman of Abdullah Mohammed Al-Issa Consulting Engineering, Riyad Bank and Dur Hospitality. He also sits on the boards of leading companies including SABIC and Etihad-Etisalat (Mobily).
Al-Issa holds a bachelor’s degree in industrial engineering and a master’s degree in engineering management from Southern Methodist University, USA.
Lubna Bint Suliman Al-Olayan joined the Ma’aden Board on 28 April 2016. She has built a distinguished local and international career, and in addition to being the Chief Executive Officer and deputy chairperson of the Olayan Financing Company, she is a board member of leading financial and industrial organizations including the Alawwal Bank and Schlumberger. She also sits on several international advisory boards, including those of Rolls-Royce Group plc, Akbank, Allianz SE, McKinsey & Co and Bank of America Merrill Lynch.
Al-Olayan holds a bachelor’s degree in science from Cornell University and an MBA from Indiana University. She has also received an honorary Doctor of Laws (LLD) from Trinity College, Ireland.
Abdallah bin Saleh bin Jum'ah is an independent Board member in Ma’aden company since, 09 January 2020. Mr. Al Jum’ah is the Chairman of The Saudi Investment Bank (SAIB), member of the Halliburton Company board and the Saudi Co-Chairman of the U.S.-Saudi Arabian Business Council.
He is the former president and chief executive officer of the Saudi Arabian Oil Company (Saudi Aramco) for 14 years. During his presidency of the company and until December 2008, he held the membership of Saudi Aramco's Board of Directors, in addition to his membership in the Supreme Council for Petroleum and Minerals Affairs.
He studied political science at the American University in Cairo and Beirut, and later, completed an administrative development program at Harvard University in Cambridge, Massachusetts.
Following a 20-year banking career, Darren Davis joined Ma’aden in 2012. During his banking career, he primarily worked in the natural resources and energy sectors and mostly in the Middle East where has been based since 1999.
His experience includes mergers & acquisitions, strategic advisory, project finance, and debt restructuring. Since joining Ma’aden, Darren has managed the company’s extensive debt and equity fundraising program and played leading roles in establishing the company’s joint ventures with Mosaic and Barrick Gold.
Initially leading Ma’aden’s Corporate Finance activities, he became Senior Vice President, Finance and CFO in April 2016 and was appointed President and CEO in July 2018.
In addition to his role as President and CEO of Ma’aden, he is also a Board Member of the U.S. – Saudi Arabian Business Council. He is an Associate of the Association of Corporate Treasurers (UK).
Darren graduated in 1991 from Aston University, UK with a Bachelor’s Degree in Business and Administration.
Mr. Khaled Al-Khattaf holds the position of Senior Vice President of Finance in Ma’aden. Mr. Al-Khattaf got his bachelor’s degree from King Saud university in Accounting. He continued his education In Finance and Accounting at the University of Colorado. Also, he received a degree in Applied Economics certification from the American University in Washington State. Mr. Al-Khattaf has CPA, and CME-1.
Mr. Al-Khattaf worked in a several financial institutions, such as, SAMA, The World Bank, Tadawul, Nomura Bank, and Lafana holdings, also served on the board of investment committees of many Financial and investment institutions, such as, Gulf Investment Corporation, Bupa Insurance, Raidah Investment Company, Samba Capital, Saudi Arabia Insurance Company.
Al-Harbi has 30 years’ experience in project management, planning and operations.
Prior to his current role, he was the President for Ma’aden Bauxite and Aluminum and Ma’aden Aluminum Company (MBAC and MAC), USA, which he led from project phase until they became operational.
Al-Harbi joined Ma’aden on 16 January, 2007 as President of Ma’aden Phosphate Company (MPC). Before joining Ma’aden, he worked for SAFCO (SABIC affiliate) as Director General, Operation, Technical and Expansion from 2002-2007.
Earlier to that from 1998-2002 he held the position of General Manager, Planning and Operation in SABIC.
AlHarbi is a member of the MBAC and MAC Board of Directors and its Executive Committee, and an alternate member of Ma’aden Rolling Company (MRC) Board of Directors. He is the Chairman of the ERADH Board (Saudi Youth Development and Engagement Programs) and a member of Jubail City Council.
He holds a Bachelor’s degree in chemical engineering from King Saud University, and a certificate in Advanced Management and leadership program from Oxford
Engr. Khaled Alohali joined Ma’aden in 2014. In the 22 years prior to joining Ma’aden, Engr. Alohali held multiple technical and leadership positions in both the public and private sectors, focusing on industrial investment and developmental projects. He worked at the Project Management Office of the Saudi Arabian Economic Offset Program as well as consulted for the Ministry of Petroleum and Mineral Resources, thereafter becoming Vice President of the National Industrial Clusters Development Program. Engr. Alohali was also Head of the Saudi-Japanese Industrial Cooperation Taskforce, representing the Saudi Government, before taking on the position of Vice President of Charles River Associates International (CRAI) and its Managing Director in Saudi Arabia.
Engr. Alohali initially joined Ma’aden as Vice President for Strategy and Development, responsible for restructuring the Ma’aden Strategy 2025 working with Ma’aden executives, businesses and board of directors. He was subsequently appointed to be the first Vice President for Corporate Affairs and member of Ma’aden Management Committee. He also holds a Board of Managers position in several Ma'aden Affiliates. Engr. Alohali was then promoted to Senior Vice President of Corporate Affairs. In addition, as directed by a Council of Ministers’ resolution, he was appointed as Member of Board of Directors in the Saudi Authority for Industrial Cities and Technology Zones (MODON).
During his career, Engr. Alohali has been engaged with leadership and advisory activities including: leading two startup companies, several organizational structuring, strategies planning and implementation (national and corporate), investments valuation, dealings with multination companies, local firms and Government agencies, promoting the Kingdom with global investors, calculating the Kingdom’s hydrocarbon and non‐hydrocarbon incentives, planning for industrial infrastructure development, assessing economic impact of mega industrial projects, measuring national economic progress using matrices other than GDP, and articulating several cases‐for‐change aimed at adjusting some public policies or proposing new ones.
Engr. Alohali holds a BS in Mechanical Engineering ‐ Honors from King Fahd University of Petroleum and Minerals.
Mr. Ibrahim Al Amer joined Ma'aden in December 2019 with more than 24 years of experience in leading strategic human capital in several sectors. Mr. Al Amer contributed to enhancing the orientation of top managements to achieve revenue growth and profitability and to enhance the productive work environment. Al Amer as Influencer and Transformation architecture of world-class Human Capital Development offering excellence in human resources leadership, creating innovative benefit and wellness programs, and implementing strategic HR function for high-growth in numerous sectors ranging from Manufacturing, FMCG, Telecom, Retail, Construction, Healthcare and before joining Ma’aden Mr. Al Amer was the Deputy Minister of Commerce and Investment for Shared Services.
Al Amer Holds a bachelor’s degree in accounting from Imam Mohammed Bin Saud University-1994, and master’s degree in business administration from the University of Hull, UK – 2004, and completed the Senior Executive Program from London Business School in 2019
Riyadh Bin Sa’ad Al-Nassar joined Ma’aden Phosphate Company (MPC) in early 2013 as VP Technical, was promoted to President in mid-2014, and in 2016 was appointed Ma’aden VP of Project Management and Engineering with added responsibility of leading the Consolidated Support Services (CSS) in an acting capacity. He is the Board member of Ma’aden Wa’ad Al Shamal Phosphate Company.
He has more than 20 years experience in engineering, project management, planning and maintenance. Al-Nassar worked as project engineer at Eastern Petrochemical Company (SHARQ), as project manager at SAFCO and later joined MARAFIQ as manager of the Design and Projects Department. In 2006, he joined the Gulf Cooperative Council (GCC) Interconnection Authority as Director of Planning, Engineering and Project Management.
He holds a bachelor’s degree in electrical engineering from King Fahd University of Petroleum and Minerals.
Al-Najim has solid project management experience both within and outside Ma’aden. He joined Ma’aden at the beginning of 2009 as a Director, Project Management and Engineering. He has since occupied other senior roles, such as, Director, Transformation Program (ETGAN), Vice President, Technical within MPC, and Vice President, PMO and Engineering.
Before joining Ma’aden, Al-Najim worked for SABIC where he had a solid track record in both Engineering and Project Management. During his tenure he led key business projects.
Al-Najim obtained a Bachelor’s degree in system engineering/ automation from King Fahd University of Petroleum and Minerals.
Emad Bin Mahmoud Al-Saadawi joined Ma’aden in 1992 and was appointed VP, Exploration in 2016. He leads a team of geoscience specialists providing innovative solutions to mineral exploration.
He has more than 24 years of extensive experience in mineral exploration in various senior roles as Chief Exploration Geologist, Chief Evaluation Geologist (Ore Resource Modeller) and Director, Exploration Technical Services. He was a Board Member of Industrial Minerals Company (IMC) and currently sits on the board of MGBM.
Al-Saadawi earned a bachelor’s degree in earth science from King Abdulaziz University, Jeddah, in 1992 and, a master’s degree in mineral resources from the University of Wales, UK in 1996.
Hassan AlAli Joined Ma’aden in 2010 as a Senior Manager, Strategy Planning and Business Development. He has since occupied other senior roles, such as, Director, Strategy Planning and Business Development, General Manager of Ma’aden Industrial Minerals Company (MIMC), VP Operations in Ma’aden Phosphate Company (MPC) in early 2014, was promoted to President in early 2016. In 2018, he was appointed as Ma’aden VP of Projects and Manufacturing with added responsibility of SVP leading the Phosphate and Industrial Minerals Business in an acting capacity.
AlAli has more than 25 years’ experience in petrochemical business, project management, plant operation management and business planning. He began his career at Tabuk Cement Company as project engineer in 1993. He moved to Arabian Industrial Fibers Company (IBN RUSHD – SABIC Yanbu) in 1994 where he held various roles in commissioning, production and business planning and later joined SABIC HQ in 2007 as business manager of the Polyethylene Terephthalate (PET) Polymer SBU.
He holds a bachelor’s degree in Mechanical Engineering(Production) from King Abdulaziz University, Jeddah.
David has almost 30 years of experience in the mining industry including 22 years at Newmont Mining Corporation, the world’s second largest Gold Company, and a number of years at New Gold.
David has worked in both North America and Africa and has led the development of major mining projects as well as successfully implementing organizational change to achieve sustainable improvements in health and safety, and operational efficiency.
Mr. Ayed started his career as a marketing executive in a Saudi consumer product Co. (GHI), and then joined SABIC for 16 years with multiple roles within the fertilizer international team including an international assignment in Singapore.
Joined Ma’aden in 2010 and served in several roles including heading the Industrial Minerals Co.
During his career, he served in several boards (currently Ma’aden Phosphate Company board member) and other roles in regional and international associations (Chairman of the Economic Committee of the Arab Fertilizer Association, Regional ambassador of the International Fertilizer Association and member of the GPCA fertilizer committee).