ANGARA Welcomes Mutlaq Al-Morished, Enhancing Leadership and Expertise

ANGARA Welcomes Mutlaq Al-Morished, Enhancing Leadership and Expertise

Mutlaq Al-Morished, a renowned industry expert with a distinguished career spanning over three decades, brings a wealth of experience to ANGARA as Senior Advisor (and Non-Executive Director from April 2025). His impressive background includes serving as Chief Financial Officer of SABIC, a global company with $50 billion in annual revenue, for 10 years, and later as Chief Executive Officer of TASNEE, Saudi Arabia's largest private petrochemical company, for 9 years, a role he held until mid-2024.

A Proven Track Record of Excellence

Mutlaq is highly respected and well-known in Saudi Arabia, with valuable global connections. During his tenure as CFO of SABIC, he co-led the landmark acquisition of GE Plastics (General Electric) in 2007. This $12 billion transaction was transformative, positioning SABIC as a global competitor to industry leaders like BASF, Dow, and DuPont. It also expanded SABIC's reach into over 35 countries, including key markets in the U.S., Europe, and Asia.

Additionally, the deal provided SABIC with GE Plastics’ advanced R&D facilities, patents, and cutting-edge technologies, enabling the company to diversify into high-value, innovation-driven industries.

A Strategic Addition to ANGARA's Board

Mutlaq's expertise, wisdom, and connections will be invaluable in driving ANGARA's growth and innovation strategies. On his forthcoming role, Mutlaq shared:

"Having spent decades in the petrochemical and industrial sectors, I recognize the critical role of operational efficiency in driving profitability and sustainability. ANGARA's AI-driven solutions provide a unique opportunity for industries in the Middle East to improve asset performance dynamically while significantly increasing local expertise and knowledge through technology localization."

A New Chapter for ANGARA

The addition of Mutlaq Al-Morished is a significant step in ANGARA's continued efforts to strengthen its leadership team and drive business growth. With his expertise, the company is well-positioned to enhance its DecarbonX technology, driving greater efficiency and sustainability for its clients, while expanding its global reach and fostering innovation.