Waheed A. Shaikh
Member, BOM
Mr. Waheed Ahmed Shaikh brings over four decades of exceptional experience in the downstream oil and gas industry, demonstrating expertise across a wide array of areas, including the acquisition, integration, and turnaround of both private and state-owned enterprises. A Mechanical Engineer by training from the University of Engineering & Technology, Lahore, Mr. Shaikh also holds an MBA from a prestigious U.S. institution, completed on scholarship.
Mr. Shaikh's career began with distinguished service at Pakistan International Airlines and Pakistan Burmah Shell (PBS), where he played a pivotal role in transforming PBS into one of Pakistan’s leading oil marketing companies. His early contributions laid the foundation for his future success.
In Shell Pakistan, Mr. Shaikh served as Supply & Transport Manager and Retail Manager before being recruited as CEO of a struggling lubricant company in Saudi Arabia. Under his leadership, he successfully turned around the business and led the acquisition of Petromin from Aramco, subsequently merging the two companies. As an Executive Board Member of Petromin Corporation, the largest downstream oil business in Saudi Arabia, Mr. Shaikh was instrumental in conceptualizing and expanding Petromin Express, transforming it into the world’s fifth-largest lube change retail network. His remarkable achievements during this period are documented in Amr Al-Dabbagh’s book, Omnipreneurship. Following these successes, Mr. Shaikh was promoted to Chief Operating Officer of Dabbagh Group, Saudi Arabia.
Beyond the oil and gas sector, Mr. Shaikh has demonstrated his versatile leadership abilities across various industries. He has served as a Board Member for Supreme Foods, the sole supplier of processed chicken to Burger King in the Middle East, and Red Sea Housing Company, a key supplier of prefabricated housing solutions for oil exploration companies and armed forces in remote locations across 55 countries. Additionally, he served on the board of Greif Plastic, the largest flexible packaging company with manufacturing plants in Türkiye, Ukraine, Romania, and the UK.