Ma’aden – GC Powerlist
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Middle East Teams 2018

Materials and mining

Ma’aden

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Middle East Teams 2018

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Ma’aden

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Ma’aden’s general counsel Stephen Bodley believes ‘the biggest driver in an in-house professional function is the people’, which has led to a personality-focused approach to the department. As such, the team has been enlarged in the last twelve months and has solidified internal processes in order to improve performance. As a mining business, Ma’aden is more vulnerable than most companies to commodity price fluctuations, providing unique challenges to the team, as well as the opportunity to showcase its risk and cost management abilities. The team is also required to balance the company’s dual objectives: to achieve a good commercial result and also diversify the company as per the stated goal of the organisation via its state-owned nature. This exemplifies that the Ma’aden legal function is a credit to its institution and among the best in-house functions in the region.

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