Al-Othaim among region’s top 100 CEOs

Abdulaziz Abdullah Al-Othaim
Updated 17 July 2018
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Al-Othaim among region’s top 100 CEOs

Abdul Aziz Abdullah Al-Othaim, CEO of Abdullah Al-Othaim Markets Co., won at the recent Top CEO Awards 2018. The Top CEO Awards, organized by TRENDS magazine and INSEAD, the leading international business school, celebrates the region’s best-performing 100 CEOs from companies that are listed on the stock exchanges of Saudi Arabia, the UAE, Qatar, Bahrain, Kuwait and Oman.

The judging panel consisted of international experts, specialists and auditors, who named the winners according to a ranking process based on hard facts, including business growth, profitability, sustainability and transparency. 

Al-Othaim expressed his appreciation for to the organizers and the judging panel and thanked the company’s management team. “Such remarkable results and achievements would have never materialized without the sincere and professional team work that placed Abdullah Al-Othaim Markets among the top FMCG retailers in the region backed by a wide variety of competitive services and offerings that meet our customers’ needs,” he said.

Over the past few years, Abdullah Al-Othaim Markets has been recognized among the top 100 brands in the Kingdom, according to a study by Al-Watan Saudi Arabia and Ipsos, based on scientific statistics and field surveys.


PepsiCo. launches region’s first Million Women Mentors chapter

Updated 21 August 2018
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PepsiCo. launches region’s first Million Women Mentors chapter

PepsiCo., the global food and beverage company, has launched the region’s first Million Women Mentors chapter in Riyadh. Million Women Mentors is a global movement designed to support the engagement of millions of science, technology, engineering and math (STEM) mentors, both male and female, to increase the interest and confidence of girls and women to succeed in STEM programs and careers.
With female representation in the STEM fields still lower than that of their male counterparts, Million Women Mentors (MWM) aims to be a platform to give women early in their careers the boost they need to thrive in their professions and form the future of the society envisioned by Saudi Vision 2030. The pillars of Vision 2030 support a thriving economy in which men and women have the capacity to contribute to the community’s growth and successes.
“Vision 2030 aims to increase women’s participation in the workforce to 30 percent, and encouraging more women into the male-dominated STEM industries will significantly contribute to this goal,” said Satyavrat Pendharkar, general manager and vice president, Saudi Snacks Foods Ltd, PepsiCo. Saudi Arabia. “PepsiCo. has a global commitment to empowering communities, as well as to creating equal opportunities for anyone to succeed within our company. By deploying the principles of our Performance with Purpose philosophy here in the Kingdom, we hope to provide women with the backing they need to be confident when entering STEM careers.”
MWM started in 2014 and had more than 2 million mentor commitments by 2018 with a goal of reaching 3 million by 2020. The new chapter in Riyadh is the first in the MENA region, with 12 mentors and mentees signed up so far across the fields of supply chain, information technology, research and development, and finance. New mentees will be enrolled into the annual program each year.
Within the coming five years, PepsiCo. aims to have at least two of the program participants in leadership positions.
“PepsiCo. walks the talk when it comes to providing women with opportunities to thrive within the company,” said Delel Chaabouni, chief information officer, PepsiCo. Middle East and North Africa. “I am thrilled to have had the opportunity to launch this important initiative in Saudi Arabia. As a woman in a traditionally male-dominated field, I have first-hand experience in forging a career within a STEM sector, and believe that MWM has the potential to give women the boost of confidence they need to realize they can achieve success in whatever industry they want.”