Draft:Mustafa Jalali
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Mustafa Jalali | |
|---|---|
| File:Mustafa Jalali.jpg | |
| Born | June 8, 1949 |
| Nationality | Saudi Arabian |
| Alma mater | Arizona State University (B.S. in Electrical Engineering), Pennsylvania State University (Executive Education) |
| Occupation(s) | Executive, Entrepreneur, CEO, Board Member |
| Years active | 1979–present |
| Known for | Leadership in petroleum, energy, real estate, logistics, and venture capital industries |
| Title | President and CEO of Apollo Management and Services, President and CEO of Ark Capital, Former Vice President of Saudi Aramco Affairs |
| Board member of | Board Member of Star Enterprise, Vela International Marine, American Bureau of Shipping |
| Spouse | Ramona Barstow (m. 1973) |
Early Life and Education
Mustafa Jalali was born on June 8, 1949, in Taif, Saudi Arabia. He completed his high school education in Taif, where he graduated in 1967. Jalali went on to study electrical engineering at Arizona State University, where he earned a Bachelor of Science in Electrical Engineering in 1973.
Career at Saudi Aramco
Jalali joined Saudi Aramco in 1979, the state-owned oil company of Saudi Arabia, where he held several key positions over the years:
- Vice President of Saudi Aramco Affairs (2003–2008): Jalali was responsible for managing the company's public relations, government relations, and global image.
- Executive Head of Community Services (2002–2003): He oversaw Saudi Aramco's residential communities and office services, managing assets worth $11.3 billion.
During his time at Saudi Aramco, Jalali was involved in the development of Vision 2020, a strategic initiative aimed at reducing operational costs while enhancing service quality.[1][2]
Vela International Marine (2000–2002)
Jalali served as President and CEO of Vela International Marine, a subsidiary of Saudi Aramco, from 2000 to 2002. Vela operates a fleet of crude oil and refined product tankers. Under his leadership, the company improved its financial performance, turning a $2 million deficit into a $200 million surplus by the end of 2002. Vela also became a benchmark for safety and operational standards during his tenure.[3]
Post-Aramco Career and Apollo Management and Services
After retiring from Saudi Aramco in 2008, Jalali founded Apollo Management and Services, a holding company based in Bahrain. The company operates across several sectors, including real estate, shipping, and travel. Through subsidiaries such as:
- Apollo Real Estate Company: Provides luxury furnished apartments in Bahrain.
- Apollo Shipping & Forwarding Company: Specializes in international shipping and logistics services.[4]
- Acon Travel & Tourism: Offers travel and tourism services across Bahrain and the Middle East.[5]
Professional Memberships and Board Positions
Jalali has been involved in several professional organizations and served on the boards of various companies. Notable roles include:
- President, Institute of Electrical and Electronics Engineers (IEEE), Gulf Chapter (1984–1985).
- Vice Chairman, Instrument Society of America, Saudi Chapter (1985–1986).
- Chairman, American School Advisory Committee, Bahrain (1991–1995).
Current Position
Jalali is currently the President and CEO of ARK Capital, a venture capital firm based in the Middle East. The firm focuses on long-term, strategic investments across various sectors.[6]
Impact and Legacy
Jalali has had a significant impact on Saudi Aramco, particularly in its public relations and cost-management initiatives. His leadership in Vela International Marine contributed to financial improvements and operational excellence. Additionally, his entrepreneurial ventures with Apollo Management and Services have been influential in the Middle East business landscape.
References
- ^ "Al-jazirah". www.al-jazirah.com. Retrieved 2024-12-14.
- ^ اليوم, الظهران ـ (2004-05-05). "مصطفى جلالي". alyaum (in Arabic). Retrieved 2024-12-14.
- ^ "كونا : شركة ارامكو السعودية تتسلم ناقلة نفط جديدة بزنة اكثر من 45الف طن - طاقة - 15/03/2006". www.kuna.net.kw. Retrieved 2024-12-14.
- ^ "Apollo – Shipping". Retrieved 2024-12-14.
- ^ "Acons – Just another WordPress site". Retrieved 2024-12-14.
- ^ "Ark Capital". ark-capital.com. Retrieved 2024-12-14.