Dr. Faisal Mohammed Alfaqeer assumed office as Chief Executive Officer of Saudi Basic Industries Corporation (SABIC) on April 1, 2026, following his appointment by SABIC's Board of Directors in March 2026. He succeeded Abdulrahman Al-Fageeh, and brings more than three decades of industry experience to the role. Dr. Alfaqeer is now an Executive Member of the Board of Directors and Investment Committee Member at SABIC, with experience across the global petrochemicals and refining sectors.
Dr. Alfaqeer earned a Master's degree and Ph.D. in Materials Science & Engineering from Pennsylvania State University, as well as a Bachelor's degree in Chemical Engineering from King Fahad University of Petroleum and Minerals. He has participated in several leadership and management training programs, including the Leadership Program at the University of Virginia Darden School of Business.
Career History
- Chief Executive Officer, SABIC (April 2026–present)
- Senior Vice President of Liquids to Chemicals, Saudi Aramco Oil Company
- Chief Executive Officer, Sadara Chemical Company (October 2017–November 2022)
- Chairman of the Board, ARLANXEO and Saudi Aramco Mobil Refinery Company (SAMREF)
- Vice President, Ras Tanura Refinery, Saudi Aramco
- Head, Aramco's Research and Development Center
Dr. Alfaqeer's appointment to SABIC's CEO role reflects his deep expertise in petrochemical operations and strategic leadership. His appointment from majority owner Saudi Aramco could seek to align strategy more closely with the state oil giant. His appointment comes at a significant time for SABIC as the company prepares to mark five decades since its establishment, with expectations that his leadership will support the company's continued growth and transformation in the global chemicals and industrial sector. What Dr. Alfaqeer could bring to SABIC: His proven track record of leading complex integrated chemical operations at Sadara, combined with decades of operational and strategic experience at Saudi Aramco's refineries and research centers, positions him to drive operational excellence and innovation at SABIC. His deep technical background in materials science and history of advancing Saudi Arabia's downstream integration strategy suggest he may prioritize value-creation initiatives and alignment with Aramco's petrochemical strategy during SABIC's next growth phase.
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