Khalid Al-Dabbagh

Khalid H. Al-Dabbagh serves as Chairman of the Board of Directors of SABIC, a role he has held since June 2020. He is also a Director on the Board of Saudi Aramco, a Member of the Public Investment Fund's Investment Committee, and a Director on the Board of Governors of the GCC Board Directors Institute. Additionally, Al-Dabbagh is a Member of the World Economic Forum Chairpersons Committee and a Member of the King Abdulaziz Excellence Award Advisory Board.

From 2018 to 2021, he was Saudi Aramco's Senior Vice President for Finance, Strategy & Development and Chief Financial Officer. During that period, Al-Dabbagh successfully led the massive Saudi Aramco IPO and several London Stock Exchange-listed debt capital market bonds and sukuk issuances, including the historic $100+ billion order book inaugural bonds offering and a record $60+ billion order book for the company's inaugural listed Sukuk offering.

Career History

• Chairman, SABIC (2020–present)
• Senior Vice President, Finance, Strategy & Development and Chief Financial Officer at Saudi Aramco (2018–2021)
• Financial Controller, Saudi Aramco (2012–2018)
• Treasurer, Saudi Aramco (2010–2012)
• President and CEO, Saudi Petroleum International Inc., New York (2003–2006)
• General Manager, Saudi Petroleum Limited, Tokyo

Al-Dabbagh has served as Chairman of Saudi Aramco Development Company (SADCO) and Chairman of the Wisayah Investment Management Company, and as a Member of the Board of Aramco Trading Company and Chairman of its Board Audit Committee. He has also served on the boards of Showa Shell Sekiyu K.K. in Japan, Sadara Chemical Company, ARLANXEO Holding B.V. in the Netherlands, Fujian Refining and Petrochemical Companies in China, and Pengerang Refining and Petrochemical Joint Venture companies in Malaysia. Al-Dabbagh earned a bachelor's degree in Industrial Engineering from the University of Toledo and has completed executive leadership programs, including the Senior Executive Program at London Business School.

What Khalid Al-Dabbagh could bring to his role as SABIC Chairman: Al-Dabbagh's appointment reflects Saudi Aramco's acquisition of a 70% stake in SABIC in 2020. His extensive background orchestrating major capital markets transactions—particularly the historic Saudi Aramco IPO and record sukuk offerings—positions him to guide SABIC's financial strategy during a period of integration and potential expansion. His deep experience across the petroleum value chain, from crude oil sales and marketing to treasury and financial controls, combined with his extensive network of board memberships across Asian, European, and regional petrochemical ventures, suggests he can leverage cross-industry synergies and navigate complex joint ventures to strengthen SABIC's competitive position in the global chemicals market.