Top 100 CEOs In The Middle East 2022

Irrespective of the economic environment, market conditions, and other factors, it is the CEO who bears most of the responsibility for the success or failure of the company they lead. This is becoming more apparent in the Middle East, where corporate governance has been improving for several years. There is now a clear separation between ownership and management in companies throughout the region. This trend is particularly strong in government-owned businesses, with even sectors such as defense and utilities now being incorporated and even being listed on stock exchanges. This has made CEOs focus more on long-term benefits that stem from innovation, technology, and ESG initiatives.

 

When we released our first Top CEOs ranking in 2021, the mood among the Middle East’s CEOs was focused on safety and the protection of business. This year has seen
a reversal in fortunes, with record profits, new investments, large IPOs, and mega deals taking center stage. For example, so far in 2022, Amin H. Nasser has led Saudi Aramco to become the world’s most valuable company by market value again, usurping Apple. Meanwhile, Sultan Ahmed Al Jaber led ADNOC as it took three of its
subsidiaries—ADNOC Drilling, Fertiglobe, and Borouge—public, with Borouge’s $2 billion IPO becoming Abu Dhabi’s largest-ever IPO.

This year’s list of the Top 100 CEOs in the region consists of leaders from 26 nationalities. Emiratis dominated with 19 entries, followed by Egyptians with 16, and Saudis with 15. Banking and financial services is the most represented sector on the list with 27 CEOs, followed by eight telecom CEOs, and seven that each head energy and
logistics companies. Combined they managed revenues of over $1 trillion last year. Their companies are collectively worth more than $5 trillion.

 

 

Methodology

To create this ranking, we sent out questionnaires and collected information from stock market disclosures, industry reports, annual reports and financial statements, and other primary sources. Only CEOs of companies headquartered in the MENA region were considered. Business owners were excluded. 

 

We ranked the CEOs based on:
• The impact that they have had on the region, their country, and the markets that they serve.
• The CEO’s overall experience and time in their current role.
• The size of the company in terms of revenues, assets, and market cap.
• The achievements and performance of the CEO in the last year.
• The innovations and initiatives that the CEO has implemented.

 

 

Amin H. Nasser

2. Sultan Ahmed Al Jaber

3. Ahmed bin Saeed Al Maktoum

4. Toufik Hakkar

5. Saad Sherida Al-Kaabi
6.Akbar Al Baker

7. Yousef Abdullah Al-Benyan

8. Sultan Ahmed Bin Sulayem

9. Syed Basar Shueb

10. Osama Rabie

11. Abdulla Mubarak Al-Khalifa

12. Waleed Abdullah Al-Mogbel

13. Musabbeh Al Kaabi

14. Hana Al Rostamani

15. Saeed Al Ghamdi

16. Hatem Dowidar

17. Paul Griffiths

18. Olayan M. Alwetaid

19. Steve Phimister

20. Shayne Nelson

21. Ibrahim Almojel

22. Saeed Mohammed Al Tayer

23. Alain Bejjani

24. Fahd H. Cynndy

25. Abdulrahman Salim Al Hatmi

26. Jasim Husain Thabet

27. Abdulnasser Bin Kalban

28. Mansour Mohamed AlMulla

29. Jerry Inzerillo

30. Adnan Chilwan

31. Saif Humaid Al Falasi

32. Mohamed Juma Al Shamisi

33. Tony Douglas

34. John Pagano

35. Bader Nasser Al–Kharafi

36. Ala'a Eraiqat

37. Fahad Al Hassawi

38. Tareq Al Sadhan

39. John Hadden

40. Aziz Aluthman Fakhroo

41. Mohamed Eletreby

42. Talal Said Al Mamari

43. Talal Al Dhiyebi

44. Mohamed Jameel Al Ramahi

45. Mohamed El Kettani

46. Paddy Padmanathan

47. Hussein Abaza

48. Abdullah Al-Saadoon

49. Ahmed Abdelaal

50. Bassel Gamal

51. Randa Sadik

52. Shadi Malak

53. Arif Amiri

54. Abdullah Albader

55. Walid Abukhaled

56. Abdullah Al-Khalifa

57. Mohamed Karim Mounir

58. Dana Nasser Al Sabah

59. Isam Jasem Al Sager

60. Ahmed El-Hoshy

61. Hisham Talaat Moustafa

62. Ali Al Baqali

63. Omar Hariri

64. Amr Abuelenein

65. Adel A. El-Labban

66. Waleed Khamis Al Hashar

67. Tarek Sultan

68. Osama Bishai

69. Tariq Chauhan

70. Elham Yousry Mahfouz

71. Mikkel Vinter

72. Abdullah Al-Sulaiti

73. Saeed Ghumran Al Remeithi

74. Adel Hamed

75. Khalid Al-Subeai

76. Guy Hutchinson

77. Salem Khalaf Al Mannai

78. Karim Awad

79. Sherif Beshara

80. José Silva

81. Jean-Christophe Durand

82. Hisham Alrayes

83. Samia Bouazza

84. Yasser Zaghloul

85. Nasser Mohammed Al Huqbani

86. Massimo Falcioni

87. Sherif Elwy

88. Omar El Hamamsy

89. Thamer Al-Muhid

90. Amin Alarrayed

91. Essam Mohamed

92. Jalila Mezni

93. Tarek Youssef Hosni

94. AbdulAziz Al Balushi

95. Irfan Tansel

96. Mohammad Saud Al-Osaimi

97. Aloki Batra

98. Talal Al Ajmi

99. Eddy Maroun

100. Nadia Al Saeed

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