The Board of Trustees of the King Abdullah Petroleum Studies and Research Center (KAPSARC) has appointed engineer Fahad Alajlan as president of KAPSARC and Mr. Adam Sieminski as a senior advisor to the KAPSARC board of trustees.
Fahad Alajlan was the director of the Hydrocarbon Sustainability Program at the Ministry of Energy, where he was responsible for looking at the long-term energy trends and their impact on energy markets including global demand for oil and gas. He also worked at the Ministry of Economy and Planning, advising on energy markets, policy, and trends, as well as the industry and petrochemical sector. Additionally, he oversees the Circular Carbon Economy National Program.
Alajlan’s experience spans several senior roles in operation, corporate strategy and investment planning, as well as mergers and acquisitions at Saudi Aramco, where he served for 15 years.
Alajlan’s presidency will build on the momentum the Center has been seeing under Mr. Sieminski, who led KAPSARC in supporting the Saudi energy ecosystem in introducing the Circular Carbon Economy and the Think 20 (T20) engagement group under the Saudi G20 2020 presidency. During Sieminski’s tenure as president of KAPSARC, the Center climbed to higher positions in the Global Go To Think Tank Index Report issued by the University of Pennsylvania, where it now ranks 12th out of 60 research centers in the ‘Energy and Resource Policy Think Tank’ category and placed 15th out of 101 amongst MENA research centers.