THE MIDDLE EAST’S
62. Abdullah Albader
Designation: CEO
Company: Almarai
Country: Saudi Arabia
Nationality: Saudi
Sector: Foods & Beverages
Albader joined Almarai in 2000 and became its CEO in March 2021, which employed 43,104 people as of 2022. In the first nine months of 2023, Almarai made about $448 million in net profits and had $9.6 billion in total assets. In February 2023, the group’s subsidiary, Almarai Investment Holding, completed the purchase of PepsiCo’s 48% ownership in IDJ for $68 million to increase its shareholding to 100%. Before his current role, Albader held various positions within Almarai in different sectors, the most recent being executive vice president of the bakery division.