
Mark Schneider Chief Executive Officer
aramco
Saudi Aramco is one of the world’s largest integrated energy and chemicals companies, creating value across the hydrocarbon chain, and delivering societal and economic benefits to people and communities around the globe who rely on the vital energy we supply.
Saudi Aramco is one of the world’s largest integrated energy and chemicals companies, creating value across the hydrocarbon chain, and delivering societal and economic benefits to people and communities around the globe who rely on the vital energy we supply.
As an international organization committed to playing a leading role in the energy transition the company assumed a responsibility to help the world achieve a net-zero economy and help solve the world’s sustainability challenges.
For their customers, they are a supplier of choice, for shareholders, they provide long-term value creation and for communities around the world, their ambition is to provide reliable, affordable, and more sustainable energy.
From continuously improving operational efficiency and the environmental performance of their facilities, to pursuing low carbon energy solutions, and strategically investing for growth, Aramco views sustainable practices as the best way to ensure long-term business viability.
Products
From transportation fuels to advanced materials, their diverse and expanding range of products create value not only for customers, but also the company, partners, and shareholders.
Aramco operates a strategically integrated global downstream business. Their downstream activities consist primarily of refining and petrochemical manufacturing. Other activities include base oils, lubricants and power generation.
Aramco delivers upstream production to a high-quality external customer base and a dedicated downstream system. Aramco also provides high-value products to the Kingdom and internationally in large and high-growth markets, through its supply and trading, distribution and retail operations.
Team
The Board of Directors (Board) of the Company is responsible for the overall management and supervision of the Company and provides strategic leadership, guidance to management, and assesses opportunities, risks, and risk mitigation controls of the Company. The Board also oversees the establishment of an effective governance, risk and compliance regime.
Their corporate management team members possess deep-domain knowledge and expertise across the industry. They embody the company’s high performance culture and uphold the corporate values while leading the attainment of our business objectives.
LEADERSHIP
Mr. Amin H. Nasser
Chief Executive officer
Mr. Amin H. Nasser has been the President and Chief Executive Officer of Saudi Aramco since 2015. He has served in a number of leadership positions at Saudi Aramco, including as Senior Vice President for Upstream. He is also a member of the company’s Board of Directors.
Mr. Nasser has a Bachelor’s degree in Petroleum Engineering from King Fahd University of Petroleum and Minerals, and has completed the Senior Executive Program at Columbia University.
During a company career spanning four decades, Mr. Nasser has served in a number of leadership positions. In his role as Senior Vice President for Upstream, he led Saudi Aramco’s largest capital investment program in its integrated oil and gas portfolio. Under CEO’s leadership, the company is now building on its upstream leadership position by expanding its presence in the downstream and chemicals segments of the petroleum value chain, with significant investments and joint-venture partnerships in the Kingdom as well as a number of overseas markets.
Mr. Nasser is actively engaged in the advancement of people through education and training, and advancing the company’s innovation and technology strategy. He is a champion of Saudi youth advancement and development and keenly supports the company’s Young Leaders Advisory Board (YLAB), a program designed to link Saudi Aramco leadership with the voice of its young professionals.
At the same time, he is leading Saudi Aramco’s efforts to produce cleaner energy and products through investments in promising technologies such as next-generation fuel-engine interfaces, crude oil-to-chemicals processes, and renewable energy applications; entrepreneurial start-ups focused on cleaner energy solutions; and industry-wide efforts to minimize greenhouse gas emissions, such as the Oil and Gas Climate Initiative (OGCI).
He is also an advocate for an efficient, accessible, and world-class supply chain ecosystem that includes small-to-medium-sized enterprises (SMEs) to support Saudi Aramco’s growing procurement needs.
He is a member of the International Advisory Board of the King Fahd University of Petroleum and Minerals; the Board of Trustees of the King Abdullah University of Science & Technology; the World Economic Forum’s International Business Council (IBC); the Massachusetts Institute of Technology Presidential CEO Advisory Board; and the JP Morgan International Council.
The Society of Petroleum Engineers (SPE) awarded Nasser its Lifetime Achievement Award in 2017, as well as the SPE’s Charles F. Rand Memorial Gold Medal awarded for distinguished achievement in mining administration, including metallurgy and petroleum in 2015. In 2020, Nasser received The Chemists’ Club Kavaler Award by ICIS, and was named as Energy Intelligence’s Energy Executive of the Year.
Future
To accelerate the development of lower-carbon solutions in the energy industry, Aramco inaugurated the Aramco Research Center at the King Abdullah University of Science and Technology, which uses artificial intelligence and machine learning to develop innovative ways to enable a Circular Carbon Economy.
Aramco also announced a major expansion of its Namaat industrial investment program with 55 agreements and Memoranda of Understanding now in place across the sustainability, digital, industrial, manufacturing, and social innovation sectors, aiming to create jobs and expand the Kingdom’s energy and chemicals value chains. Through Namaat, Aramco seeks to localize its supply chain and ensure its long-term cost and productivity leadership, sustainability, and resilience.