Job description
Job title Chief Executive Officer
Stream OQBI
Function OQBI -CEO Office
Location Oman Salalah
Reporting to Board of Directors
Direct reports
Chief Operating Of cer
Chief People & Technology Officer
Chief Financial Officer
General Counsel
Head of Strategy
Job purpose
The Chief Executive Officer (CEO) of OQBI is responsible for the strategic direction, financial performance, and overall operations of the Methanol, Ammonia, LPG, and Utilities downstream business portfolio. This role involves developing business strategies in alignment with shareholder s objectives, optimizing financial performance, and ensuring the sustainable growth of the portfolio. The CEO will have full responsibility for managing the profit and loss (P&L) of OQBI's assets, ensuring effective OPEX, CAPEX, cash flow management, EBITDA, and net profits. The CEO will also guide operational excellence, manage partnerships, and ensure compliance with HSSE, Assurance, and Legal standards. The role includes oversight of corporate governance and ensuring compliance with all regulatory and internal policies.
This role is guided in accordance with the OQBI s Mission, Vision, Values, and Strategies, as well as policies, guidelines, and both local & international standards. It is supported by an IT Technology platform, HSSE standards, Omani government regulations, legal justifications, and best international practices. All these elements are aligned with the national objectives of Oman.
Main tasks and responsibilities
Strategy Formation & Direction
Contribute to the development and refinement of OQBI's vision, strategy, and overall direction to maximize long-term profitability and shareholder returns.
Ensure strategic alignment of OQBI s portfolio with shareholders strategy.
Advise the shareholders on key priorities and ensure strategic execution.
Business & Financial Planning
Review and challenge asset strategies, business plans, and budgets to ensure alignment with corporate strategy.
Consolidate and present OQBI s business plans and budgets for approval by the board.
Oversee P&L responsibility for OQBI s assets, managing OPEX, CAPEX, cash flows, EBITDA, and net profits.
Monitor financial performance against approved budgets to ensure alignment and financial optimization.
Oversee cost control and competitive unit cost management for OQBI assets.
Commercial and Downstream Portfolio Management
Develop and monitor cost reduction initiatives across the portfolio.
Support capital planning and capital allocation for OQBI assets.
Set KPIs for portfolio assets in alignment with corporate targets and monitor progress toward achieving business efficiency.
Lead continuous improvement initiatives across the assets to foster a performance-driven culture.
New Business Development & Partnerships
Identify and evaluate business opportunities in line with OQBI's strategic goals.
Develop and manage clean energy initiatives across the portfolio.
Lead negotiations for key agreements, including partnerships and transactions, to optimize the portfolio s profitability and de-risk assets.
Build and maintain relationships with partners, government ministries, suppliers, and key stakeholders to support OQBI s strategic objectives.
Assess operational performance and collaborate with operational teams to drive performance improvements.
Legal
Ensure OQBI's operations comply with all relevant statutory, regulatory, and governance standards.
Promote transparency, accountability, and effective decision-making within the OQBI portfolio.
Oversee compliance with local and international legal and regulatory standards, working closely with the Legal department.
HSSE
Review and ensure OQBI's HSSE standards and procedures align with policies.
Ensure that operations comply with HSE regulations, assessing and mitigating risks to safety and the environment.
Oversee the quality control process to ensure compliance with HSE standards.
Internal Audit
Work with Internal Audit function to ensure all business activities align with the highest standards of auditing, compliance, and risk management.
Support and ensure that assurance activities are carried out effectively, and that audits are performed in compliance with both local and international standards.
Ensure audit findings are acted upon in a timely manner, promoting continuous improvement and risk mitigation across the organization.
Operations
Lead the operations planning process, collaborating with various departments, to achieve production and financial targets within OPEX guidelines.
Oversee the operation of Methanol, Ammonia, and LPG facilities to meet target quantities and qualities.
Ensure the optimal functioning of facilities, minimizing downtime, and managing expenditure effectively.
Lead the team to ensure that production targets are met efficiently and safely, while maintaining the highest operational standards.
Education requirements:
• Bachelor s degree in Engineering (Required)
• Post-graduate preference in MBA, EMBA, or equivalent
Language requirements: Excellent knowledge of written, read, and spoken English (required) Arabic - Native (desirable)
• Bachelor s degree in Engineering (Required)
• Post-graduate preference in MBA, EMBA, or equivalent
Language requirements: Excellent knowledge of written, read, and spoken English (required) Arabic - Native (desirable) Background and experience
18+ years of relevant experience.
5+ years in a senior management role.
In depth experience and strong understanding of each major area of Downstream operations.
Experienced in resource control, contract management and general management.
Demonstrable competency in strategic planning and business development.
Working knowledge of data analysis and performance/operation metrics.
Working knowledge of IT/Business infrastructure and MS Office
Record of accomplishment of successful management in the Energy sector subject to change in a competitive market environment.
Experience working in blue chip Oil and Gas Companies.
An understanding of the dynamic of Omani industry sector is desirable and the factors influencing its direction and development.
Demonstrate responsibility for profit management organization with business divisions.
Competencies and skills
Strong management & leadership skills to lead all aspects of the Facilities support process & should be able to work collaboratively with all involved.
Ability to manage time effectively and handle both internal and external conflicts.
Excellent interpersonal and public speaking skills.
Aptitude in decision-making and problem-solving.
Excellent interpersonal skills and multi-cultural sensitivity.
Strong ability to organize effectively, delegate responsibility, solve problems quickly and communicate clearly.
Must be capable of working in a professional team environment and liaise with external parties and stakeholders.
Excellent communication
Technical:
Computer literate with expertise in MS Office.
Technical engineering terminology in English & Arabic languages
Blue-chip Oil and Gas Companies.
Business Planning
Business Development
Understanding of OMT of (Methanol, Ammonia, LPG, and Utilities areas.
HSE
Finance, budget and reporting (full P&L of the assets in question, includes the management of OPEX, CAPEX, Cashflows, EBTIDA and Net Profits).
People, Culture and Technology.
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