FaceOf: Nadhmi Al-Nasr, newly appointed CEO of NEOM

Updated 05 July 2018
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FaceOf: Nadhmi Al-Nasr, newly appointed CEO of NEOM

  • Beginning on Aug. 1, Al-Nasr, who is a member of Neom’s founding board, will transition from leading Neom Bay to becoming the overall CEO

Nadhmi Al-Nasr is the executive vice president for administration and finance at King Abdullah University of Science and Technology, a position he has held since 2008. 

On Tuesday, Al-Nasr was named as chief executive of Neom. 

Al-Nasr, who has more than 30 years of experience with Saudi Aramco and most recently has been the interim president for King Abdullah University of Science and Technology (KAUST), had worked on developing the strategy and development of NEOM Bay, one of the initial stages of NEOM’s $500 billion mega city on the Kingdom’s Red Sea coast.

Beginning on Aug. 1, Al-Nasr, who is a member of Neom’s founding board, will transition from leading Neom Bay to becoming the overall CEO. 

His responsibilities will include furthering the strategic development, major initiatives, and business plans for NEOM’s core economic sectors.

Al-Nasr began his career with Saudi Aramco in 1978 after obtaining his BS in chemical engineering from King Fahd University of Petroleum and Minerals. At Aramco, Al-Nasr spent his first three years in engineering services. 

In 1981, he began working on the execution of the Kingdom’s Master Gas System — the largest industrial project of its kind at the time, where he divided his work between Houston and on-site at the Uthmaniyah Gas Plant. The program was completed in 1984. 

In 1991, he began managing the massive and aggressive crude expansion program in the Ghawar oilfield, ensuring the Kingdom’s ability to fill the production gap caused by the loss of oil output from Iraq and Kuwait during the Gulf War. 

In March 2014, Al-Nasr was appointed by royal decree to serve as a member on the advisory board of the Supreme Economic Council, and in July 2014, became a member of the Board of Trustees of the King Abdul Aziz Center for National Dialogue.