Waheed A. Shaikh

Member

With a distinguished career spanning over four decades, Mr. Shaikh has unparalleled expertise in all facets of the downstream oil and gas industry, including acquisition, integration and turnaround of private as well as state-owned companies. A Mechanical Engineer from the University of Engineering & Technology, Lahore and MBA from USA on scholarship, he has served with distinction at Pakistan International Airlines and Pakistan Burmah Shell (PBS) early on in his career. He was a member of the management team that undertook massive transformation of PBS to a leading oil marketing company of Pakistan.

Mr. Shaikh had served in Shell Pakistan as Supply & Transport Manager & Retail Manager before his services were acquired for the position of a CEO of a struggling lubricant company in Saudi Arabia. He turned around the business and then led successful acquisition of Petromin from Aramco and merged the two businesses. As an executive Board Member of Petromin Corporation, the largest downstream oil business in Saudi Arabia, Mr. Shaikh was instrumental in conceptualizing and developing Petromin Express, a lube change retail business, into the 5th largest network in the world today. This successful turnaround of the company is chronicled in the book titled “Omnipreneurship” by Amr Al-Dabbagh. As a result of this successful acquisition and merger, he was promoted to Chief Operating Officer of Dabbagh Group, Saudi Arabia.

Mr. Shaikh’s proficiency extends beyond the oil & gas industry, having served as a former Board Member of Supreme Food, the sole supplier of processed chicken to Burger King in the Middle East, and Red Sea Housing Company, a supplier of pre-fabricated housing solutions in remote locations across 55 countries for oil exploration companies and armed forces. He also served as a former Board Member of Greif Plastic, the largest flexible packing company, with manufacturing plants in Turkiye, Ukraine, Romania, and the UK.

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