Mohamed Al-Mady, Vice Chairman and Chief Executive Officer of SABIC, has been re-elected as Chairman of the Gulf Petrochemicals and Chemicals Association (GPCA), the region’s leading trade association dedicated to the downstream industry in the Middle East.
The unanimous decision to retain Al-Mady was taken after the election of the association’s new board of directors, which took place at the fifth GPCA’s Annual General Meeting in Dubai.
The eight founding members of the GPCA in 2006 – SABIC and Tasnee (Saudi Arabia), Equate and PIC (Kuwait), QAPCO and QVC (Qatar), Borouge (Abu Dhabi) and GPIC (Bahrain) – are permanent members of the board.
“Mady is a prominent figure in the global petrochemical industry and we are deeply honoured that he will remain our chairman following the AGM elections. We are served by the widest cross section of industry experts in the Middle East, which illustrates the depth of knowledge and experience the GPCA brings to its members, as well as to the debates shaping our industry,” Dr. Abdulwahab Al-Sadoun, Secretary General of the GPCA, said.
“We are also delighted to welcome a number of new appointments to our board, which will further strengthen cooperation across our diverse membership,” Dr. Al-Sadoun added.
Saud Rashed Al Shamsi, Petrochemicals Director of ADNOC; Abdulaziz Judaimi, Vice President at Saudi Aramco; and Musab Al-Mahrouqi, CEO of ORPIC from Oman; were elected as new board members at the AGM. Al-Shamsi was elected Vice Chairman of the GPCA.
The fifth AGM endorsed the GPCA’s strategy to grow the association’s membership and better serve the interests of companies active in the oil and gas downstream sector. The strategy was developed by the international consultancy firm A.T Kearney.