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The Custodian of the Two Holy Mosques, King Salman bin Abdulaziz Al Saud has issued today, Wednesday a Royal Decree A/164 dated 10- Rajab 1436 appointing Engineer Khaled Abdulaziz Al Falih, as the new Minister of Health.
Engr. Khalid A. Al-Falih was president and chief executive officer of the Saudi Arabian Oil Company (Saudi Aramco). Saudi Aramco is an integrated global petroleum company and the leading industrial enterprise in the Kingdom of Saudi Arabia. The company manages the world's largest proven oil reserves, and is the world’s largest producer and exporter of crude oil, a major natural gas producer, and a leading player in global refining and petrochemicals.
Al-Falih served in key leadership positions across the organization, and drove continued expansion of the company’s business portfolio into new areas of operations. As Executive Vice President of Operations from 2007 through 2008, he oversaw all of the company’s core operations, including the business lines then for Exploration and Producing; Refining, Marketing, and International; Operations Services; and Engineering and Project Management. He also previously served as the Senior Vice President of Gas Operations and Industrial Relations, and as President of Petron Corporation, a past joint venture between Saudi Aramco and the Philippine National Oil Company. As leader of Saudi Aramco’s Corporate Planning team, Al-Falih guided the development of the Kingdom of Saudi Arabia’s natural gas strategy. When the company formed its New Business Development organization in 2003, Al-Falih was appointed as the first head of the organization. In that role, he led the development of mega-projects — such as Petro Rabigh, Sadara, Satorp and Yasref — with the purpose of achieving refining and petrochemical integration, in cooperation with leading global oil and gas, and chemical enterprises.
Al-Falih earned his B.S. degree in mechanical engineering from Texas A&M University in 1982. In 1991, he received his MBA from the King Fahd University of Petroleum and Minerals (KFUPM) in Dhahran, Saudi Arabia. His membership of professional societies includes the American Society of Mechanical Engineers (ASME), the International Association for Energy Economics (IAEE), and the Oxford Energy Policy Club.
He is a member of the World Economic Forum’s International Business Council (IBC), the Asia Business Council, the J.P. Morgan International Council and the MIT Presidential CEO Advisory Board. He previously served on the Board of Directors for both the National Industrial Clusters Development Program, and the Technical and Vocational Training Corporation |
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