Rank: #12
Fahad bin Hussein Al-Sudairi
Sector: Utilities
Company: Saudi Electricity
Designation: CEO
Nationality: Saudi
Residence: Saudi Arabia
Al-Sudairi joined SEC as a senior accountant in June 1994. The positions he has since held in the company include executive vice president and chief financial officer. Today he leads SEC’s workforce of 37,769 employees. He is also a board member at Dawiyat Telecom Co., a wholly-owned SEC company, and the Saudi Power Procurement Co. SEC had total assets worth $134 billion in Q3 2020 and a net profit of $586 million. Saudi’s Public Investment Fund is the majority shareholder in SEC with 74%, while Saudi Aramco owns 6.9%.