Ayman Asfari

Ayman Asfari (born 8 July 1958) is a Syrian-born British businessman, and the chief executive of Petrofac, a Jersey-registered multinational oilfield services company serving the oil, gas and energy production and processing industries.

Ayman Asfari
Born
Ayman Asfari

(1958-07-08) 8 July 1958
Syria
Alma materVillanova University
University of Pennsylvania (MBA & MS)
OccupationBusinessman
Years active1979–present
Net worthUS$1.01 billion (2018)[1]
TitleCEO, Petrofac
Term2002–present
SuccessorIncumbent
Spouse(s)Sawsan Asfari
Children4
Websitewww.aymanasfari.com
  • "Petrofac - a leading international service provider to the oil and gas industry". petrofac.com. Retrieved 10 September 2016.
  • "Asfari Foundation". asfarifoundation.org.uk. Retrieved 10 September 2016.

Early life

Asfari was born in Syria, the son of a diplomat, but raised outside the country. His first job was in Oman, as a consulting engineer carrying out soil testing.[2]

He is a graduate of Villanova University in Pennsylvania in the United States, and holds an MSc in Civil and Urban Engineering from the University of Pennsylvania. He attended the Wharton School of the University of Pennsylvania for his MBA.[1]

Career

Before joining Petrofac, Asfari served as the managing director of a major Oman-based civil and mechanical construction business.[3] He joined Petrofac in 1991 when it had one plant in Tyler, Texas. He bought out the company in 2001, and took it public on the London Stock Exchange in 2005.

In February 2015, Forbes calculated Asfari's net worth at $1.2 billion.[1] Asfari won the UK category of the Ernst & Young Entrepreneur of the Year Awards in 2011.[4]

In 2019, Asfari's paycheck from Petrofac was cut by 45% to £980,000, down from £1.8 million in 2018.[5]

Political and charitable donations

The Asfari Foundation was established in 2006 by Ayman and Sawsan Asfari and is based in London. It is funded by the Asfari family and has five trustees. The foundation supports projects that encourage the development of civil society and provide emergency humanitarian relief, and also offers academic scholarships.[6]

In May 2017, Asfari and his wife donated £100,000 to the British Conservative Party election campaign, days before Asfari was scheduled to be interviewed by the Serious Fraud Office relating to its enquiry into Unaoil.[7] In total Ayman and Sawsan Asfari donated £794,000 to the party between 2009 and 2017.[8]

References
  1. "Ayman Asfari". Forbes. February 2015. Retrieved 22 February 2015.
  2. "Profile: Ayman Asfari of Petrofac". The Financial Times. 13 June 2011. Retrieved 24 November 2012.
  3. "Ayman Asfari: Executive Profile". BusinessWeek. Retrieved 24 November 2012.
  4. "Ernst & Young Entrepreneur of the Year". www.ft.com. Retrieved 27 October 2020.
  5. Findlay, Keith (31 March 2020). "Petrofac's chief takes a 45% drop in pay". Energy Voice. Retrieved 11 August 2020.
  6. Montasser, Nadia (18 December 2014). "The Asfari Foundation UK Masters scholarship". Al-Fanar Media. Retrieved 15 March 2016.
  7. Kenber, Billy (19 May 2017). "Unions prove no match for May's millionaire donors". The Times. p. 12.
  8. Watt, Holly; Syal, Rajeev (18 May 2017). "Tories receive £50,000 from man questioned by Serious Fraud Office". The Guardian. ISSN 0261-3077. Retrieved 27 October 2020.
This article is issued from Wikipedia. The text is licensed under Creative Commons - Attribution - Sharealike. Additional terms may apply for the media files.