Arabtec appoints COO for oil & gas arm
Ex-Techint Engineering & Construction CEO Paolo Bigi takes up new role
Arabtec Holding has appointed Paolo Bigi as chief operating officer for its oil & gas arm.
Bigi, who will report directly to Arabtec Holding CEO Hasan Ismaik, has more than 25 years of experience in the oil & gas, petrochemicals and infrastructure markets.
He was CEO of Technit Engineering and Construction business, which had built a transportation and storage system at the refinery in Yanbu being built by Saudi Aramco. He was also an executive vice-president at Austrian petrochemicalss firm Borealis, where he had been responsible for planning and delivering $5bn worth of investments.
Ismaik said: "I am very proud to welcome Paolo to Arabtec. He comes at a time when we are taking yet another major step as we diversify into the oil and gas, power, and infrastructure sectors; in line with our strategy to invest in new high-margin areas
"Paolo, with his strong background and versatile experience, will be an invaluable asset to us.”