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.
FUAD ALAZMAN
BOARD MEMBER
FUAD ALAZMAN
RICHARD BOOCOCK
BOARD MEMBER
RICHARD BOOCOCK
Richard Boocock is president, Industrial Gases–Middle East, India, Egypt and Turkey, at Air Products. He is responsible for Air Products’ business in these regions, as well as identifying and executing future growth opportunities. Mr. Boocock joined Air Products in 1982 and has since been following a succession of roles as a control and instrumentation engineer and business management role for sale of equipment and technology. In 2000 Mr. Boocock moved to head the European arm of the global information technology function. In 2001 he undertook an assignment at Air Products’ corporate headquarters in the U.S. as global program lead for the implementation of SAP into Air Products worldwide. After completing four successful releases of SAP, Mr. Boocock returned to Europe in 2004 as vice president, Tonnage Gases Europe and Middle East. He again returned to the U.S. where he was appointed vice president, Information Technology, and Chief Information Officer in 2008; vice president, Global Operations, in 2012; and vice president, Products, Technology and Operational Excellence for Industrial Gases, in 2014.
KHALED ALGWAIZ
BOARD MEMBER
KHALED ALGWAIZ
Mr. Khalid Al-Gwaiz was the CEO of Astra Industrial Group from 2007-2014 and also has over 25 years of experience with leading financial institutions in the Kingdom, including with Samba Financial Group, Arab National Bank, National Company for Cooperative Insurance and Saudi Industrial and Development Fund. Mr. Al-Gwaiz is a member of the Higher Education Fund Board of Directors as well as the Board of Directors of the Saudi Organization for Industrial Estates & Technology Zones.
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.
ABDULLAH TAIBAH
BOARD MEMBER
ABDULLAH TAIBAH
Abdullah J. Taibah has over 25 years of experience in strategic and operation management through various posts in the region. He is currently the CEO of Arabian Qudra , an Abunnayan company focused on delivering innovative power solutions. Prior, Abdullah worked for GE from 1993 to 2007 where he was the Middle East General Manager and Region Executive for GE Energy and was responsible for leading its operations in the region, including sales strategy, orders, growth plans and execution across the entire GE Energy portfolio.
AKRAM HAMAD ALRABAYAH
JGPC MD
AKRAM HAMAD ALRABAYAH
Akram attended King Fahd University of Petroleum and Minerals, Dhahran, Saudi Arabia and graduated in Systems Engineering (91). He then worked for CCC/Bechtel as a process control Engineer in Saudi Aramco Oil & Gas projects. In 1993 he joined Bently Nevada Corp USA (Part of the General Electric Company) in field engineering and then commercial operations. While on job, Akram received his Master of Science Degree in Mechanical Engineering from the same university (2002).
In 2002 Akram was promoted to Services Director for Optimization and Controls (OC) GE Energy and in 2005 he became the region general manager for Africa, India and ME heading GE Energy OC organization of over 100 million $ in revenue and 300+ employees.
In 2007 Akram was promoted to President and National Executive for all of General Electric Corporate heading Gulf region. His work involved heading GE Corporate team with 5 billion USD in revenue and over 1200+ professionals.
Currently Akram heads JGPC in the position of Managing Director. Akram serves on many regional boards for large multinationals and local industrial groups including Punj Lloyd. He is also a member of the advisory board of King Abdullah City of Atomic and Renewable Energy in Saudi Arabia.
STEVE PETRIDIS
JGPC CEO
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.
KHALED ALGWAIZ
BOARD MEMBER
RICHARD BOOCOCK
BOARD MEMBER
ABDULLAH TAIBAH
BOARD MEMBER
AKRAM HAMAD ALRABAYAH
JGPC MD
STEVE PETRIDIS
JGPC CEO
STEVE PETRIDIS
Mr. Petridis has over thirty five years of experience in the oil & gas industry both upstream and downstream. His industry experience covers Industrial Gases, Oil & Gas Exploration, Carbon Project Development, Chemicals, Hazardous Waste and Industrial Services. In his last position he was managing Gulf Cryo’s Bulk & Tonnage business and developing new business opportunities for Gulf Cryo throughout the Middle East. He has held senior management positions at BOC, Messer, Gulf Cryo, Shell Oil Products, Schlumberger and Romic Environmental Technologies. He is multi-lingual and his assignments have taken him to locations throughout the Americas, Europe, the Middle East and Africa. Mr. Petridis holds a B.Sc. in Electrical Engineering from the University of Salford, a M.Sc. in Power Systems from the University of Manchester and an MBA from the Cranfield School of Management. He is also a member of The Institution of Engineering and Technology (IET) and is a Chartered Engineer in the UK.
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 is 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.
KHALED ALGWAIZ
CHAIRMAN
ABDULLAH TAIBAH
MEMBER
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
ABDULLAH TAIBAH
MEMBER
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).
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.