25 June 2012 00:00 [Source: ICB]
Mohamed Al-Mady, vice chairman and chief executive officer of SABIC, has been retained 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.
SABIC's Al-Mady will continue to lead the GPCA
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.
Dr Abdulwahab Al-Sadoun, secretary general of the GPCA, said: "Al-Mady is a prominent figure in the global petrochemical industry and we are deeply honoured that he will continue to serve as chairman of the GPCA following our AGM elections. We are served by the widest cross-section of industry experts across 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."
Al-Sadoun added: "It is also a pleasure to strengthen our voice in the sector with new appointments to our board, which will further strengthen cooperation across our diverse membership."
Rashed Saud 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. The new board of directors elected Al-Shamsi as vice chairman of the GPCA.
The fifth AGM endorsed the GPCA's strategy aimed at further expanding the GPCA's membership and better serving the interests of companies active in the oil and gas downstream sector. The strategy was developed by international consultancy firm AT Kearney.
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