JGPC corporate governance code is developed and implemented in compliance with the best governance practices, and ensures the protection of shareholders’ rights as well as the rights of all stakeholders.
The Scope
JGPC’s corporate governance includes:
- The relationship between the company and its shareholders and stakeholders
- The distribution of responsibilities
- The procedures for proper supervision, control, and information
Corporate Governance Framework
JGPC’s corporate governance framework includes three functional Board committees responsible for reviewing the company’s operations within their particular areas of expertise and presenting their findings and suggestions to the Board of Directors:
- Executive Committee
- Nomination, Compensation and Remuneration Committee
- Audit, Risk and Compliance Committee
MOHAMMED ABDULLAH ABUNAYYAN
BOARD CHAIRMAN
MOHAMMED ABDULLAH ABUNAYYAN
With over 30 years of experience in the Water and Power sector Mohammad Abunayyan is Chairman of Abunayyan Holding and ACWA Power International. ACWA Power in 8 years has emerged as a leading developer of privately financed power generation and desalinated water production plants in the GCC, MENA, Southern Africa and Eastern Europe regions with a portfolio of assets worth US$ 23 Billion with a contracted capacity of 15,731 MW and 2.4Mm³/day of water. Mohammad Abunayyan also serves as Chairman and Board Member of many reputed companies, besides he holds a number of prestigious leadership positions helping spearhead the Kingdom’s economic development. Mohammad Abunayyan is a Member of the Advisory Committee of the Chairman of high Supreme Economic Council responsible for studying issues related to the national economy.
SEIFOLLAH GHASEMI
BOARD VICE-CHAIRMAN
SEIFOLLAH GHASEMI
Seifollah Ghasemi became chairman, president and chief executive officer of Air Products in July 2014. Previous to this appointment, Mr. Ghasemi was an independent member of the company’s board of directors for 10 months. Prior to joining Air Products, from 2001-2014, Mr. Ghasemi served as chairman and chief executive officer of Rockwood Holdings, a global leader in inorganic specialty chemicals and advanced materials that was acquired by Albemarle Corporation in January 2015. From 1997-2001, he held leadership roles at GKN, a global industrial company, including positions as director of the Main Board of GKN, plc, and chairman and chief executive officer of GKN Sinter Metals, Inc. and Hoeganes Corporation. Earlier in his career, Mr. Ghasemi spent nearly 20 years with The BOC Group (the industrial gas company which is now part of Linde AG) in positions including director of the Main Board of BOC Group, plc; president of BOC Gases Americas; and chairman and chief executive officer of BOC Process Plants, Ltd. and Cryostar.
KHALID S. GAZLAN
BOARD MEMBER
FUAD ALAZMAN
TAREQ AL-MUTLAQ
BOARD MEMBER
TAREQ AL-MUTLAQ
Mr. Al Mutlaq is the Managing Partner and sits on the Board of Al Mutlaq Group. He also serves as the Chairman Daikin Saudi Arabia, United Feed Manufacturing Company and Al Mutlaq Real Estate Investment Company besides sitting on the Board of Directors of various companies including Al Mutlaq Group Company, Sahara Petrochemical Company, Saudi Oryx Leasing Company and Riyadh Cables Group of Companies.
OMAR AL MIDANI
BOARD MEMBER
OMAR AL MIDANI
Mr. Omar AlMidani is currently a member of the Board Executive Committee and Chief Executive Officer of Arabian Company for Water and Power Development (“ACWA Holding”), a leading Saudi Development & Holding Company with active investments across the Power & Water, Industrial Gases, District Cooling, Waste Water Treatment, Transportation and Environmental Solutions Sectors.
In addition, Mr. AlMidani is also an active Board Member in several Companies including Saudi Tabreed, Qudra Energy, Miahona, Jazan Gas Projects Company, Industrial Cities Development and Operation Company and others.
Prior to joining ACWA Holding, Mr. AlMidani was the Chief Executive Officer of Beatona Company, a Subsidiary of ACWA Holding focused on Environmental Treatment Infrastructure, Waste Management, and Recycling. Prior to that, he served as the Vice President Business Development of the Saudi Arabian Trading and Construction Company.
In addition, Mr. AlMidani is also an active Board Member in several Companies including Saudi Tabreed, Qudra Energy, Miahona, Jazan Gas Projects Company, Industrial Cities Development and Operation Company and others.
Prior to joining ACWA Holding, Mr. AlMidani was the Chief Executive Officer of Beatona Company, a Subsidiary of ACWA Holding focused on Environmental Treatment Infrastructure, Waste Management, and Recycling. Prior to that, he served as the Vice President Business Development of the Saudi Arabian Trading and Construction Company.
OMAR AL KHUDAIRI
BOARD MEMBER
OMAR AL KHUDAIRI
Omar has over 18 years of experience in strategic and operation management through various posts in the region. Omar is now holding the position of CEO Arabian Qudra Energy the Energy Platform of ACWA Holding Group.
Before joining in Arabian Qudra he was the MEWA Minister Advisor for restructuring and privatizing the water sector from 2016, and prior to that Omar worked as the Group CEO of Miahona Holding, a company under ACWA Holding provides management and concession Services – BOO, BORT, BOOT and O&M – for urban water supply, water collection and water and wastewater treatment utilities. Omar worked as the VP of Business Development of ACWA Holding from 2012 to 2014.
Omar is a board member of various companies such as National Water Company, SWCC, Saudi Tabreed, Jazan Gas Projects Company, and GIC etc.
He holds a B.S. degree in Systems Engineering (Specialized in Industrial Engineering) on 1999 from King Fahd University of Petroleum & Minerals, Saudi Arabia.
NAJI SKAF
BOARD MEMBER
NAJI SKAF
Naji Skaf is president of Middle East, Egypt and Turkey at Air Products. He is responsible for managing and growing the company’s operations and partnerships in the Middle East region. Previously, he was vice president and managing director for the region.
Prior to joining Air Products in 2017, Mr. Skaf served as partner in the Middle East and North Africa Practice of Heidrick & Struggles International, Inc., where he was also a member of their global Industrial Practice. From 2011-2016, Skaf served as chief executive officer (CEO) of Gulf Cryo, a regional industrial gases group headquartered in Dubai. His career at Gulf Cryo began in 2005, when he was appointed general manager of Gulf Cryo’s subsidiary, Arabian Gases, before becoming the group’s chief operating officer and then CEO. Prior to joining Gulf Cryo, Naji spent seven years with Air Liquide, where he held various positions in Houston, Paris, and Cairo.
Mr. Skaf earned a BSc from McGill University in Montreal, Canada and an MBA from the University of Houston.
Prior to joining Air Products in 2017, Mr. Skaf served as partner in the Middle East and North Africa Practice of Heidrick & Struggles International, Inc., where he was also a member of their global Industrial Practice. From 2011-2016, Skaf served as chief executive officer (CEO) of Gulf Cryo, a regional industrial gases group headquartered in Dubai. His career at Gulf Cryo began in 2005, when he was appointed general manager of Gulf Cryo’s subsidiary, Arabian Gases, before becoming the group’s chief operating officer and then CEO. Prior to joining Gulf Cryo, Naji spent seven years with Air Liquide, where he held various positions in Houston, Paris, and Cairo.
Mr. Skaf earned a BSc from McGill University in Montreal, Canada and an MBA from the University of Houston.
HAMOUD ALMUTAIRI
ASSET MANAGER
Hamoud Almutairi
Hamoud AlMutairi is the asset manager of Jazan Air Separation Unit. He is responsible for developing and managing effective strategy and solutions to maintain the asset safely, enhance efficiencies and maximize shareholders value. He has over 19 years of experience in the Oil & Gas industry working for 12 years in Saudi Aramco across the spectrum of engineering, operation and corporate services. He has also served as commercial director of Axis Industrial Services for 7 years where he was in charge of managing and growing the company’s business and operation in the MENA region.
Mr. Almutairi earned an MBA from the University of Strathclyde and a BSc in Naval Architecture and Marine Engineering from the University of New Orleans, USA.
FERDINAND ALVARO
BOARD SECRETARY
FERDINAND ALVARO
Mr. Alvaro has more than 25 years experience in directing legal, operating and finance functions for law firms and corporations with national and global operations as well as the execution of complex business transactions both as an attorney and a businessman. His industry experience includes industrial gases, semi-conductor production equipment and transportation. His prior experience includes management of the Boston office of a US national law firm, serving as Chief Executive Officer of a billion dollar joint venture based in Mexico, managing the corporate development function for a Fortune 500 company, serving as a senior financial consultant at Touche Ross & Co(now Deloitte Touche) and leadership of a legal, financial and technical team as Vice President, Commercial and General Counsel of BOC Process Systems an international multi-billion dollar business unit of The BOC Group. His corporate governance experience includes service on the boards of directors of more than 15 U.S., Chilean, Columbian, Mexican and Venezuelan companies and chairmanship of the Finance and Audit Committees of 4. He has been a guest lecturer on a variety of domestic and international subjects at Fletcher School of Law and Diplomacy of Tufts University, Boston University Graduate School of Law and Northeastern University School of Law. Mr. Alvaro has been named a Boston “Super Lawyer” by Boston Magazine and, in 2011, he received the Influential Leader Award from TV Access and the Lifetime Achievement Award from The Association of Latino Professionals in Finance and Accounting. He holds a BBA from Pace University and a JD from Harvard Law School.
OMAR AL KHUDAIRI
CHAIR
AKRAM HAMAD ALRABAYAH
JGPC MD
SAHER AL HEYALI
EXCOM MEMBER
FUAD ALAZMAN
NAJI SKAF
BOARD MEMBER
ROBERT CARTER
EXCOM SECRETARY
ROBERT CARTER
Bob has over 20 years of experience in the industrial gas and chemical industries. Bob joined Air Products in 1996 as part of their MBA career development program with a BS in Engineering and an MBA in Finance. He subsequently held a variety of business development, product management, marketing, and business management roles within our Electronics Business, including field assignments in Texas, Virginia, and Taiwan. Bob lead many of the key expansions with our fluorine products business including our entry into manufacturing fluorine derivatives in Korea. In 2013, Bob assumed the position of Business Director, Cryosystems Sale of Equipment Business Manager where he worked with ACWA Holdings to win the Jazan ASU award with Saudi Aramco.
OMAR AL KHUDAIRI
CHAIRMAN
BILAL AL AQEEL
MEMBER
BILAL AL AQEEL
Bilal is 47 years old with 23 years of experience in HR, Admin, and Support Services from diverse organizations. Currently he is the Human Capital Development Director at Vision Invest. He holds a BSc of Law from KSU in Saudi Arabia (1995).
FADI ZEIN
MEMBER
FADI ZEIN
Fadi Zein is the Human Resources Manager for Middle East and Egypt. Fadi joined Air Products in June 2016 , ever since Mr. Zein started supporting strategic initiatives of Air Products and providing high-quality human relationship management. He is currently providing guidance to managers, setting up a new HR system, updating policies as per the local laws and regulations, while focusing on activities and programs that will have a strategic impact on our business.
Before joining Air Products Fadi held leadership roles in McDermott Middle East. He was interacting on a daily basis with around 2000 office employees, answering their queries, working on their compensations, updating the system, he was also the intermediary between employees and HR Senior director. Furthermore, he was organizing the new joiners orientation program.
MOHAMMAD ALMURCI
SECRETARY
MOHAMMAD ALMURCI
Fifteen years of progressive professional experience providing proactive and insightful leadership both in the utilities and the petrochemical storage services industries. Expertise covers strategic planning and results-oriented implementation, leading and motivating process owners, and organizing and evaluating programs and activities in:
1. Human Resources.
2. General Administration.
3. Government and Employee Relations.
4. Logistics.
5. Operations.
Advanced academic studies and professional trainings in business administration and strategic leadership skills.
Highly committed, proactive, results-oriented, and skilled in computer applications and programs, with strong customer-focused orientation.
1. Human Resources.
2. General Administration.
3. Government and Employee Relations.
4. Logistics.
5. Operations.
Advanced academic studies and professional trainings in business administration and strategic leadership skills.
Highly committed, proactive, results-oriented, and skilled in computer applications and programs, with strong customer-focused orientation.
RASHEED ALRASHEED
CHAIRMAN
PETER CURTIS
MEMBER
PETER CURTIS
Peter Curtis qualified in Business and Finance from the University of Plymouth in the UK. He has over 25 years of experience with Air Products. Peter has held positions in accounting, finance and internal audit, and currently heads Air Products’ Internal Audit function for the EMEA region. He is a qualified accountant (ACMA, CGMA) and internal auditor (CIA).
ABDULAZIZ ALMULHIM
ARCCOM Member
PETER CURTIS
Abdulaziz Almulhim is currently the Group CFO in Vision Invest having joined the group back in 2008 as CFO of Tarabot Investment & Development, which is Vision Invest’s arm in the aviation sector. Besides responsibilities in managing Vision Invest’s Finance Dept. core functions, Abdulaziz also acts as asset manager from an investment portfolio stand point and serving as member of Board/Excom/ARC in some of Vision Invest affiliates. Having started his career in Samba Financial Group for 9 years and later in a real estate company, Abdulaziz brings with him nearly two decades of professional experience in corporate finance, financial analysis, business development & due diligence, acquisitions & valuation, PPPs, IPO, projects management, and administration.
WALID SHUKRI
MEMBER
WALID SHUKRI
Walid Shukri holds a degree in industrial management from King Fahd University of Petroleum and Minerals with Honours and he is a U.S. and Saudi Certified Public Accountant. Walid sits on boards of Family Businesses , listed Companies ,Global Companies and several audit and risk Committees. He specializes in audit assurance, Risk, Compliance, corporate governance and financial reporting. With an academic and professional career spanning over 25 years . Walid worked as an independent advisor to the Ernst & Young Oil and Gas Centre of Excellence in Bahrain. For over 12 years he was with Pricewaterhousecoopers, where he spent four years as the country senior partner for the Saudi Arabian practice and was part of the Middle East Leadership Team. Prior to this he worked with Deloitte Touche Tohmatsu in both the United States of America and Saudi Arabia.
SAMEER KHAN
SECRETARY
SAMEER KHAN
Joined Jazan Gas project company as CFO in Oct 2015. Has worked 20 years in different geographies mainly GCC, USA and Pakistan with PricewaterhouseCoopers, Al Ghurair Group, Nielsen and ACWA Holding in various roles – auditing, financial accounting, reporting and compliance functions. Received his Chartered accountant membership from Institute of Chartered Accountant Pakistan, Certificate of public accounting from American Institute of Certified Public Accountants.