Mr. Naif Alayed is the Vice President, Local Content and Business Development Unit at SABIC and the CEO of Nusaned Investment Company.

With more than 22 years in the petrochemical and information technology industries, Mr. Alayed has extensive experience in Corporate HR, Investment and Business Development.

In his role as VP Local Content and Business Development unit, Mr. Alayed leads SABIC’s efforts to achieve industry localization, accelerate sustainable economic growth, and create jobs, enabling Saudi Vision 2030. As the CEO of Nusaned Investment Company, he heads the investment arm of SABIC’s NUSANED™ initiative that provides equity investment and non-financial support to local SMEs.

Prior to his present position, Mr. Alayed was the General Manager, SABIC CEO Affairs. He has also held multiple leadership positions within Corporate HR. Before joining SABIC, Mr. Alayed had a long successful career at the National Information Center where he served in different leadership roles.

Mr. Alayed sits on several boards and committees in the public and private sectors. He holds a bachelor’s degree in information systems and a dual Master’s degree in Business Administration from Columbia University in New York and London Business School.

Naif Al-Ayed

CEO, NUSANED Investment Company


Day 1 | 13 May 2024 | Case study: Enabling the development of regional conversion industry – SABIC Nusaned as a model