Sultan Ahmed Al Jaber

Sultan Ahmed Al Jaber is Minister of State in the United Arab Emirates, the Director-General and CEO of the Abu Dhabi National Oil Company (ADNOC Group),[1] the Chairman of Masdar, and was named special envoy for climate change in November 2020.[2] In addition to sitting on numerous corporate boards, Dr. Sultan Al Jaber is also a prominent advocate of alternative energy and sustainable development.

Sultan Ahmed Al Jaber
Education

Education

Al Jaber holds a BSc in Chemical Engineering from the University of Southern California the United States and a PhD in business and economics from Coventry University in the United Kingdom and an MBA from the California State University at Los Angeles.[3]

Career

Beginning his career as an engineer at ADNOC,[4] Al Jaber has worked in various positions across public and private sectors. He has a background in the fields of economics, energy, trade, technology, infrastructure and policy.[5]

Minister of Industry and Advanced Technology

In July 2020 Al Jaber was appointed Minister of Industry and Advanced Technology. The new ministry, itself established in July 2020, is mandated to promote the sustainability of economic growth through the development and utilization of advanced technology. In September 2020 Al Jaber chaired a virtual meeting of the Industrial Coordination Council, which was created in 2016, and whose mandate is to boost the UAE’s industrial sector; boost cooperation; and share best practice between government and the private sector.[6][7] In November 2020 he was appointed to be the special envoy for climate change to represent the UAE in all international forums on this issue.[2][8]

ADNOC
Main article: Abu Dhabi National Oil Company

Al Jaber was appointed as the CEO of Abu Dhabi National Oil Company (ADNOC) on 15 February 2016.[9][10] After his appointment, Al Jaber revealed a plan to modernize ADNOC and make its operations more profitable.[11]

In February 2019 Al Jaber signed a $4 billion agreement with BlackRock and KKR to invest in the development of midstream oil pipeline infrastructure. It was the first time institutional investors partnered with a Middle Eastern national oil company.[12][13]

A consortium of six companies signed an agreement in July 2020 to invest $20.7 billion in ADNOC infrastructure assets. It was the single-largest energy infrastructure investment ever in the Middle East, and the largest in the world for 2020 at the time.[14][15]

Al Jaber was instrumental in bringing blockchain, Industrial Internet of Things, (IIoT), augmented and virtual reality, advanced analytics, and AI technologies to the working systems and functioning of ADNOC.[16][17]

Masdar
Main article: Masdar

Al Jaber played a key role in the establishment and launch of Masdar in 2006 and served as the CEO of DB Masdar Clean Tech Fund L.P., Masdar Institute of Science and Technology and Masdar Venture Capital. He has been the Chairman of Masdar since March 2014 and served as CEO and Managing Director before.[18]

In 2009, Al Jaber led Masdar’s participation in the successful bid by the United Arab Emirates (UAE) to host the headquarters of the International Renewable Energy Agency (IRENA) in Abu Dhabi. IRENA's headquarters will eventually move to Masdar City.[19]

Mubadala
Main article: Mubadala Development Company

Al Jaber has been the Chairman of the board of Masdar since March 2014[20] and served as the founding CEO. He played a primary role in the establishment and launch of Masdar in 2006 and served as the CEO of DB Masdar Clean Tech Fund L.P., Masdar Institute of Science and Technology and Masdar Venture Capital.[21]

Before his work with Masdar, Al Jaber worked on projects in energy, utilities and other industries at the Mubadala Development Company. Masdar is a wholly owned subsidiary of Mubadala.[19]

ADNOC Distribution

Al Jaber led the first IPO of an ADNOC business, ADNOC Distribution (ADNOCDIST:UH)[22] in 2017.[23]

Public service, non-profit work, and advocacy

In 2009, Al Jaber was appointed by United Nations Secretary General Ban Ki-Moon[24] to his Advisory Group on Energy and Climate Change (AGECC),[25] which published its final report in 2010.[19][26] The recommendations from this report formed the basis of the Sustainable Energy for All initiative launched in 2011.[26]

Al Jaber’s work to advance renewable energy and clean technology led to his appointment in 2010 as the UAE's special envoy for energy and climate change. As special envoy, Al Jaber was responsible for helping to formulate and advocate for the UAE's diplomatic positions and public policy with respect to energy and climate change.[19]

In 2008, Al Jaber spearheaded the establishment of The Zayed Future Energy Prize. The Zayed Future Energy Prize is an annual US$4 million award funded by the United Arab Emirates to recognize excellence in renewable energy and sustainability.[27] In 2018 the award was renamed the Zayed Sustainability Prize to reflect its broader focus on incentivizing innovations in sustainable development, and Al Jaber serves as director general of the prize.[28][29][30][31]

In 2011, Al Jaber was selected to serve on the United Nations Secretary General’s high level group on sustainable energy for all.[19] It is an effort initiated by the UN Secretary General Ban Ki-moon to ensure universal access to modern utilities, double the rate of improvement in energy efficiency, and double the global market share of renewable energy by 2030.[32]

Later he was also selected as a member of the Sustainable Development Solutions Network’s Leadership Council. The Council was announced by the United Nations' Secretary General and Jeffrey Sachs, Director of The Earth Institute at Columbia University.[33]

In 2012, Al Jaber was named one of the Champions of the Earth by the United Nations.[19] Al Jaber received his award in the category of "Entrepreneurial Vision."[19]

On 12 March 2013, Al Jaber was named Minister of State and joined the UAE cabinet. Al Jaber's appointment was approved by Sheikh Khalifa bin Zayed Al Nahyan, the UAE's president. Speaking of the appointment of Al Jaber and other ministers, Mohammed bin Rashid Al Maktoum, the UAE’s Vice President and Prime Minister and Ruler of Dubai, said the new cabinet has “young faces with new ideas and energy to keep up with the rapid changes and to deal with our people’s top priorities."[34]

Al Jaber's responsibilities include UAE’s economy, politics, development, media, energy, infrastructure and sustainability.[35] He held his position as Minister of State until July 2020, when he was appointed as minister of Industry and Advanced Technology.[36][37][38]

Board positions

Al Jaber serves on numerous corporate and non-profit boards where he provides advice on issues related to economics, infrastructure, sustainability and energy. In July 2020 Al Jaber was appointed as chairman of the Emirates Development Bank.[39][40]

He is chairman of the board of trustees of the Mohamed bin Zayed University of Artificial Intelligence.[41][42]

Since 2019 he has been the chairman of the board of the Abu Dhabi Media company.[43] He is a member of the Emirates Diplomatic Academy Board of Trustees.[44]

He was the chairman of the board for the Abu Dhabi Ports from 2009 until 2019[45][46][47] where he oversaw the development and completion of Khalifa Port, the first deep-water port in the region, capable of receiving the largest shipping boats in the world;[48] and the Khalifa Industrial Zone Abu Dhabi, (KIZAD), the country's first integrated trade, industrial and logistics free zone.[49]

He also served as chairman of Abu Dhabi Media Investment Corporation (ADMIC)[50][51] and Sky News Arabia.[52] He also serves on the boards of ALDAR Sorouh,[53] Emirates Global Aluminium,[54] and ZonesCorp.[55]

Honors

In 2013 Al Jaber was appointed Commander of the Order of the British Empire (CBE).[56] In that year he also received Mauritania's Medal of the National Order of Merit.[57] In 2019, Dr. Al Jaber received the “International Lifetime Achievement Award” from Prime Minister Narendra Modi of India.[58]

References
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