Khalid al-Falih

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Khalid al-Falih

Chalid al-Falih or Khalid al-Falih ( Arabic خالد بن عبد العزيز الفالح, DMG Ḫālid bin ʿAbd al-ʿAzīz al-Fāliḥ ; * 1960 in Riyadh ) is a Saudi Arabian manager . He was Minister for Petroleum from May 7, 2016 to September 7, 2019 .

Life

Al-Falih studied mechanical engineering at Texas A&M University and earned a Masters of Business Administration from King Fahd University of Petroleum and Minerals in 1982 . From 1979 he worked for the Saudi Arabian oil company Saudi Aramco and rose quickly in the company. In July 1999, he became President of Petron Corporation , a joint venture between Saudi Aramco and the Philippine National Oil Company . In September 2000 he returned to Saudi Aramco and in 2001 became Deputy Chairman of the Gas Ventures Development and Coordination department . In October 2004, al-Falih became a member of the board of Saudi Aramco and chairman of South Rub 'al-Khali, a joint venture between Shell , Total and Saudi Aramco. From 2007 he was Executive Vice President of Operations .

From 2009 al-Falih succeeded Abdallah Jumʿa as CEO (President and Managing Director) of the company.

Al-Falih is spokesman for the “Oil & Gas” working group of the World Economic Forum . He is a member of the supervisory boards of several universities in Saudi Arabia and abroad, including the boards of the King Abdullah University of Science and Technology (founding member since 2008) and the American University of Sharjah (since 2014). In 2013 he became an elected member ( Fellow ) of the Royal Academy of Engineering

Al-Falih has been in the top 15 of Lloyd's List of 100 Most Influential Managers in the Maritime Industry since 2011 ; in 2012 he was ranked 8th there. The newspaper sees al-Falih as CEO of the largest oil producer in the “center of the world economy”. The Forbes magazine called al-Falih as "oil king".

By decree, al-Falih was appointed Minister for Petroleum by the Saudi King and Prime Minister Salman ibn Abd al-Aziz on May 7, 2016. He became the successor to the oil minister Ali Al-Naimi, who had been in office since 1995 . On September 7, 2019, al-Falih was released from office. King Salman named his son Prince Abd al-Aziz bin Salman Al Saud as his successor. The move by the Saudi royal family was a surprise and was reported by the state press agency SPA without giving any reason. However, he had already lost his chief position at Aramco a few days earlier, and his ministry's remit had previously been reduced.

Private

Al-Falih is married and lives with his family in Dhahran .

Web links

Individual evidence

  1. ^ New oil minister in Saudi Arabia after more than 20 years. In: dw.com . May 7, 2016, accessed September 13, 2019.
  2. ↑ a b Khalid A. Al Falih. World Economic Forum , archived from the original on May 22, 2012 ; accessed on March 6, 2015 .
  3. ^ Board of Trustees. King Abdullah University of Science and Technology , accessed March 6, 2015 .
  4. ^ Profile of Mr. Khalid Al-Falih. American University of Sharjah, accessed March 6, 2015 .
  5. ^ List of Fellows. Letter A. Royal Academy of Engineering , accessed March 6, 2015 .
  6. ↑ Top 100 - 8. Khalid Al-Falih, Bahri. In: Lloyd's List . December 14, 2012, accessed March 6, 2015 .
  7. ↑ Top 100 - 14. Khalid Al-Falih, Saudi Aramco. In: Lloyd's List . December 12, 2014, accessed March 6, 2015 .
  8. ↑ Christopher Helman: Oil King Warns Of 'Green Bubble'. In: Forbes Magazine . March 9, 2010, accessed March 6, 2015 .
  9. ↑ After more than 20 years in office: Saudi King fires influential oil minister. In: Focus Online . July 7, 2016, accessed May 7, 2016 .
  10. ↑ Saudi Arabia: Energy Minister deposed. In: FAZ.NET . September 8, 2019, accessed on September 9, 2019 (source: dpa ).
  11. ↑ Saudi Oil Minister surprisingly deposed. In: Handelszeitung.ch . September 8, 2019, accessed on September 9, 2019 (source: Schweizerische Depeschenagentur ).
  12. ↑ Saudi Arabia's Energy Minister Khalid al-Falih dismissed. In: Arte.tv . September 8, 2019, accessed September 13, 2019.
personal data
SURNAME Khalid al-Falih
ALTERNATIVE NAMES خالد بن عبد العزيز الفالح (Arabic); Khalid al-Falih
BRIEF DESCRIPTION Saudi Arabian manager
DATE OF BIRTH 1960
PLACE OF BIRTH Riyadh , Saudi Arabia