30. Amin Nasser

30. Amin-Nasser-President-and-CEO
Age 63
Occupation President and CEO, Aramco
Nationality Saudi
Position Last Year 40

Amin H. Nasser is the President & CEO of Aramco, the world’s leading integrated energy and chemicals enterprise and the largest provider of crude oil to global markets. He is also a member of the company’s Board of Directors.

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During a four-year company career, Nasser has served in several leadership positions, including as senior vice president of Upstream. In that role, he led Saudi Aramco’s most extensive capital investment program in its integrated oil and gas portfolio. Under Nasser’s leadership, the company is now building on its upstream leadership position by expanding its presence in the downstream and chemicals segments of the petroleum value chain, with significant investments and joint-venture partnerships in the Kingdom and many overseas markets.

Nasser actively advances people through education and training, advancing the company’s innovation and technology strategy. Nasser is a champion of Saudi youth advancement and development. It keenly supports the company’s Young Leader’s Advisory Board (YLAB), a program designed to link Saudi Aramco leadership with the voice of its young professionals.

At the same time, Nasser is leading Saudi Aramco’s efforts to produce cleaner energy and products through investments in promising technologies such as next-generation fuel-engine interfaces, crude oil-to-chemicals processes, and renewable energy applications; entrepreneurial start-ups focused on cleaner energy solutions; and industry-wide efforts to minimize greenhouse gas emissions, such as the Oil and Gas Climate Initiative (OGCI).

He also advocates for an efficient, accessible, and world-class supply chain ecosystem that includes small-to-medium-sized enterprises (SMEs) to support Saudi Aramco’s growing procurement needs.

In addition to his corporate responsibilities, Nasser is a member of the International Advisory Board of the King Fahd University of Petroleum and Minerals; the Board of Trustees of the King Abdullah University of Science & Technology; the World Economic Forum’s International Business Council (IBC); the Massachusetts Institute of Technology Presidential CEO Advisory Board; and the JP Morgan International Council.

The Society of Petroleum Engineers (SPE) awarded Nasser its Lifetime Achievement Award in 2017 and the SPE’s Charles F. Rand Memorial Gold Medal for distinguished mining administration achievements, including metallurgy and petroleum, in 2015. In 2020, Nasser received The Chemists’ Club Kavaler Award from ICIS and was named Energy Intelligence’s Energy Executive of the Year.

Nasser holds a bachelor’s degree in petroleum engineering from the King Fahd University of Petroleum and Minerals in Dhahran. He completed the Saudi Aramco Management Development Seminar in Washington, D.C., in 1999; the Saudi Aramco Global Business Program in 2000; and the Senior Executive Program at Columbia University in 2002.

Amin H. Nasser commented on Formula 1 sponsorship:

We are excited to partner with Formula 1, a strong global sports brand with millions of fans worldwide. As the world’s largest energy supplier and innovation leader, we aim to find game-changing solutions for better-performing engines and cleaner energy. Partnerships like these are important to help us to deliver on our ambitions.

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