Abdullatif bin Ahmed Al Othman

Abdullatif bin Ahmed Al Othman is the third and former governor of Saudi Arabian General Investment Authority (SAGIA).

Abdullatif Al Othman
عبد اللطيف أحمد العثمان
Born
Abdullatif bin Ahmed bin Abdullah Al Othman
NationalitySaudi Arabian
Alma materKing Fahd University of Petroleum and Minerals
MIT Sloan School of Management
OccupationEngineer
Years active1980s – present
SuccessorIbrahim Al-Omar

Education

Al Othman received his bachelor's degree in civil engineering from King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran in 1979.[1][2] He then earned a master's degree in business management from the MIT Sloan School of Management as a Sloan Fellow in 1998.[1][2]

Professional experience

Al Othman worked in Saudi Aramco where he had over 30 years of experience in planning and managing oil and gas projects.[1] He began his career in Saudi Aramco in March 1981 as an engineer serving in the engineering and project management.[2] Later in the 1980s, he served as an engineer in several projects, such as the gas gathering project (Phase II), the Ras Tanura refinery modernization project, the Qasim refinery project, the southwest refinery project, and the Ras Tanura and terminal projects.[2]

He served as senior project engineer in the Marjan completion division and worked in project management from 1990 to 1994. Then, he began to work in the staff support functions of the engineering and project management department, including the total quality management program during the period of 1994-1999. He was also the manager of resource planning and acting manager of southern area projects during the same period.[2] From February 1999 to February 2001 he was appointed to contract review and cost compliance in finance department of Saudi Aramco. He also served as the manager of business analysis and manager of long range planning in the corporate planning function.[2] In February 2001, he began to work in the crude oil sales and marketing as manager. He became the executive director of Saudi Aramco Affairs in June 2001 and then, was appointed vice president of Saudi Aramco Affairs in September 2001. He became vice president of finance in 2003 and was later appointed senior vice president of Saudi Aramco for financial affairs in May 2005.[2] Al Othman was also the chairman of board of directors of the Sadara chemical company established in late November 2011. The company is a joint venture of Saudi Aramco and Dow Chemical Company.[3][4]

During his term in Saudi Aramco, Al Othman was also the president for the project management institute (PMI) Persian Gulf chapter[5] and was a member of the International Association of Energy Economics.[2] He was also among the advisory board members of the Business Administration College of King Saud University.[6] Al Othman is a board member of the Saafah Foundation for Good Example that attempts to encourage transparency and honesty in Saudi Arabia.[7]

Al Othman was appointed to the Saudi Arabian General Investment Authority (SAGIA) as governor at the rank of minister on 18 May 2012, replacing Amr Dabbagh.[1][8][9] Al Othman was also named as the chairman of the SAGIA board of directors.[10] In addition, he was named as the chairman of the economic cities authority.[11] He served as the head of the Saudi Arabian General Investment Authority until 23 April 2017 when he was replaced by Ibrahim Al Omar.[12]

Other positions

Al Othman is the vice president of the MIT Club in Saudi Arabia.[10]

Influence

Al Othman was chosen by the Gulf Business to be the world's 50th most influential Arabs in 2012.[11]

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References
  1. "Al Othman new SAGIA chief". Arab News. 19 May 2012. Retrieved 19 May 2012.
  2. "HE Abdullatif A. Al Othman". SAGIA. Archived from the original on 6 October 2012. Retrieved 7 June 2012.
  3. "Sadara Chemical Company officially formed". Saudi Embassy, Washington D.C. 1 December 2012. Archived from the original on 1 June 2012. Retrieved 8 June 2012.
  4. "Sadara all set to be key contributor for Aramco's downstream growth strategy". Saudi Gazette. 29 November 2011. Archived from the original on 30 November 2011. Retrieved 8 June 2012.
  5. "170 GCC-based directors from family-owned businesses attend forum on Corporate Governance". AMEinfo. 11 May 2011. Archived from the original on 30 August 2011. Retrieved 8 June 2012.
  6. "Advisory Board". King Saud University. Archived from the original on 17 February 2011. Retrieved 8 June 2012.
  7. "Recognition for honesty, transparency". Arab News. 27 May 2012. Retrieved 24 June 2012.
  8. "Royal orders make three new appointments". Saudi Embassy, Washington D.C. 18 May 2012. Archived from the original on 3 April 2015. Retrieved 8 June 2012.
  9. "Abdullatif Al Othman Appointed Governor of SAGIA". US-Saudi Arabian Business Council. 18 May 2012. Archived from the original on 27 August 2012. Retrieved 24 June 2012.
  10. "Al Othman Named New Governor of SAGIA". MIT Club of Saudi Arabia. 22 May 2012. Retrieved 24 August 2012.
  11. "Top 100 powerful Arabs". Gulf Business. 12 February 2013. Retrieved 27 March 2013.
  12. "Gen. Asiri named deputy head of General Intelligence; Ibrahim Al-Omar is new SAGIA chairman". Saudi Gazette. 23 April 2017.
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