Saudi Basic Industries Corporation (SABIC) has been honored with a 'BCG 2013 Global Challengers' Award. The strategy consulting firm annually awards prizes to organizations that have realized a major impact in the field of growth and globalization. The award was recently given by Thomas Bradtke (Managing Director of BCG Dubai) to Mohamed Al-Mady (CEO at SABIC)at the global headquarters of the chemical firm in Riyadh.
BCG Global Challengers
Since 2006, BCG annually identifies the top 100 emerging market companies that are developing very quickly with the potential to reshape industries and surpass many traditional multinational companies. These 100 companies make up BCG's 'Global Challenger' list.
"We are delighted to present this award to SABIC for achieving their status as Global Challenger. The company has thrived under Al-Mady's leadership and vision, and continues to impress with its global scale, fast growing international market positions, and strong reputation for operational excellence. With more than $50bn in revenues and 40,000 employees globally, SABIC has become a well-established brand in the global chemicals industry.
We expect that SABIC will continue to grow substantially in the coming years" says Thomas Bradtke.
"We are honored to be recognized by The Boston Consulting Group for our contribution to the industry and the global economy, and will continue to grow our business in the methodical and strategic way that has characterized our development to date" says Al-Mady in een reactive op de prestigious award.