User:Ipic-auther/Khadem Al-Qubaisi

HE Khadem Al Qubaisi is a national of the United Arab Emirates and is a member of the Board and Managing Director of the International Petroleum Investment Company (IPIC), a position he has held since May 2007.

Trained in Economics, Al Qubaisi began his investment career with Abu Dhabi Investment Authority (ADIA). Al Qubaisi’s accomplishments have been rewarded with peer recognition, both within the UAE, and internationally. He was voted the Arabian Businessman of the Year for 2009 in the UAE, and also received the coveted #1 Award as the ICIS Power Player of the Year 2009. ICIS explained its rationale for honouring Al Qubaisi as follows:

“As a hands-on leader of a chemical group well on its way to becoming dominant in global petrochemicals, Khadem Al Qubaisi richly deserves this accolade as the ICIS No. 1 chemical industry power player for 2009.”

Al Qubaisi represents IPIC as Vice Chairman of OMV, the Austrian national oil company, Chairman of Borealis AG, in which IPIC owns a controlling 64% interest. Borealis owns a 40% stake in Borouge, an Abu Dhabi petrochemicals JV, in partnership with ADNOC. Al Qubaisi is also Vice Chairman of CEPSA, the Spanish oil and integrated petrochemical company. Within Abu Dhabi, Al Qubaisi chairs four boards – Aabar Investments PJSC; Tabreed; Takaful and the I-Media newspaper. He is also a member of various other Boards, including First Gulf Bank, and the Emirates Investment Authority. Al Qubaisi holds a Bachelor's Degree in Economics from the University of the United Arab Emirates.