2015 Annual Report
Who we are
Khaled Bin Salem Al-Rowais
Thomas Walpole
Stephen Bodley
Khaled Bin Sulaiman Al Ohali
Senior Vice President, Finance and CFO
Senior Vice President, Aluminium SBU
Chief Legal Counsel
Vice President, Strategy, Planning and Development
Khaled Al-Rowais began his career at the Banking Control Department of the Saudi Arabian Monetary Agency (SAMA) immediately after graduating in accountancy from King Saud University in 1984.
Tom Walpole joined Ma’aden in February 2014 as the Vice President of the Aluminium Strategic Business Unit (SBU). Walpole has substantial experience in the global aluminium industry including 25 years with Alcan and nine years in Novelis where he held a number of key leadership positions including President of Can, Litho and Painted products in Europe, Vice President of the Global Can Products business unit, President and CEO of Novelis Asia and President of Novelis USA.
In 1996, he moved to Saudi Basic Industries Corporation (SABIC), where he became Director of Finance and had the opportunity to oversee project finance for several of the company’s new and expansion projects and to be part of acquisition financing.
Stephen Bodley joined Ma’aden in September 2013. He has over 20 years legal and business leadership experience, primarily in the mining and energy sectors. Before joining Ma’aden, Bodley was the SVP, General Counsel and Corporate Secretary for Sherritt International Inc., a mining company with significant international assets. Previously he worked with the North American subsidiary of Centrica plc., a UK-based FTSE 30 energy company, and was a partner in one of Canada’s leading law firms. Bodley earned a bachelor’s degree with honors in economics from the University of Western Ontario, and law degree from Osgoode Hall Law School, Toronto.
Al-Rowais joined Ma’aden in August 2002 as Treasurer, was promoted to the position of Executive Director of Corporate Planning in 2008 and became CFO and SVP, Finance in 2014. Al-Rowais is a member of the American Institute of Certified Public Accountants (AICPA).
Walpole has served on the Board of Directors for Aluminium Company of Malaysia, Novelis Asia, Alunorf in Germany, the US Aluminium Association and the Can Manufacturers Institute. He holds an MBA from Case Western University and a bachelor's degree in accounting and finance from the State University of New York.
Yahia Bin Mohammed Al-Shangiti
Bruce Kirk
Kobus Moolman
Senior Vice President, Exploration
Chief Audit Executive
MGBM President /Vice President, Precious and Base Metals SBU Yahia Al-Shangiti earned his master's degree in mineral industry and environmental management from the University of Leeds, United Kingdom in 1995 after obtaining a bachelor's degree in mining engineering from King Abdulaziz University in 1992. He became President of Ma’aden Gold and Base Metals Company (MGBM) in 2011 after serving as the Director, Operations Division, overseeing mine and plant operations. He also served as Manager of Mahd Ad Dhahab mine and Mining Manager for Ma’aden’s aluminium project and the Ad Duwayhi gold mine development project. Al-Shangiti has also served as the Chairman of the Manpower Review Committee, Team Leader of the Ma’aden Restructuring Committee and Chairman of the Assets Disposal Committee. He sits on the Board of Directors of both Ma’aden Phosphate Company (MPC) and Saudi Mining Polytechnic.
Bruce Kirk is a geologist with over 40 years of experience. He joined Ma’aden in December 2011. He holds bachelor's degrees in geology and law from the University of Queensland and Master of Applied Science in Geology from the University of New South Wales. Kirk is a Fellow of the Australasian Institute of Mining and Metallurgy. Prior to joining Ma’aden, he held senior roles in mineral exploration, project evaluation, mine geology and business development with leading global resource companies including BHP Billiton and Rio Tinto. His international experience is extensive, having worked in Australia, Fiji, Papua New Guinea, Peru, Argentina, Ecuador, Chile, Canada, India, Sierra Leone and Oman.
A member of the Law Society of Upper Canada since 1995, Bodley was identified as a ‘Top 40 under 40’ corporate counsel in Canada by LEXPERT in 2005.
Khaled Al Ohali holds a master’s degree in mechanical engineering with honors from King Fahd University of Petroleum and Minerals. He joined Ma’aden in September 2014 and oversees operational plans and keeps track of profitability and performance of Ma’aden and its affiliates through appropriate monitoring systems. He also plays a key role in strengthening Ma’aden’s engagement with key national regulators. In the 20 years prior to joining Ma’aden, Al-Ohali held several leadership positions in the public and private sectors. He was Vice President of the National Industrial Clusters Development Program, led the Project Management Office of Saudi Arabian Economic Balance Program and was a consultant for the Ministry of Petroleum and Mineral Resources. Al-Ohali was also the Head of the Saudi-Japanese industrial cooperation program and Vice President and Saudi CEO of CRA International.
Kobus Moolman is a chartered accountant with over 37 years of experience – 29 of which as partner with international accounting and auditing firms. He joined Ma’aden in July 2010 after gaining a wealth of experience, working across mining, manufacturing, financial services, railway industries and government and quasi-government organizations. Moolman earned his Master’s degree in Commerce and professional chartered accountant qualifications in South Africa and completed independent non-executive directors’ courses from INSEAD and the London Institute of Directors. Moolman has more than five years’ experience as an independent non-executive director of a top 10 gold mining company, with a premium listing on the London Stock Exchange. Moolman has led audit assignments of large listed multi-nationals and other types of companies in South Africa, Angola, Botswana, Lesotho, Mozambique, the Russian Federation and Bahrain. He was also involved in the transitioning from local accounting standards to International Financial Reporting Standards (IFRS).
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