Dow Chemical India, Middle East, North Africa & Turkey (IMET)
Luciano Poli, Global Finance Leader for Joint Ventures and Area Finance Director for Europe, Middle East, Africa first joined Dow in Horgen, Switzerland in 1989 and subsequently held various Treasury and Finance positions in Switzerland, South Africa, Spain, Switzerland/Middle East, China and Saudi Arabia. His 28-year career at Dow has spanned assignments in Treasury, Corporate Finance, M&A, Mega project management, JV’s and leadership for large Area Finance Organizations.
Poli was Area Finance Director/CFO for Asia Pacific (2006 to 2010) and Europe Middle East and Africa (2010 to 2012). He was responsible for overall finance activities in these areas, including treasury, controller, tax, M&A, investor relations, corporate risk management (insurance), and strategic planning. He was also a member of the Ethics & Compliance Committees, Pension Fund Board and key JVs Boards.
As of January 2012, Poli served as Chief Financial Officer of Sadara Chemical Company (Sadara) and relocated to Saudi Arabia. Sadara will construct, own and operate a word-scale, fully integrated chemicals complex in Jubail Industrial City II. This will be the largest chemicals complex ever constructed in a single phase, with more than 3 million metric tons of capacity and 26 chemicals units.
In August 2014, Poli returned to Switzerland as Global Finance Leader for Joint Ventures and Area Finance Director for EMEA. In this role, he worked closely with the Joint Venture Governance Team, the businesses, functions and geographies to accelerate Dow’s joint venture portfolio strategy. In addition, Poli assumed area finance responsibility for EMEA.
In August 2017, Poli was named President of Dow in the IMET region and relocated to the regions headquarters in Dubai, United Arab Emirates. He is responsible for driving the region’s growth strategy and further enhancing Dow’s leadership position through strengthening relationships and partnerships with key stakeholders.
Poli was instrumental in implementing Dow’s strategy in the Middle East and Asia Pacific via JVs, key petrochemical projects and various M&A transactions, including the formation and construction of Sadara, the EQUATE and Siam Cement/Dow expansion, the MEGlobal/Equipolymers formations, and others. He led large finance organizations (400+ employees) in Asia, Europe, Middle East and Africa with excellent results in attracting, developing and retaining key talents and future leaders. The successful financing and the initial phase of the construction of Sadara project and Company, including setting up a fully-fledged finance organization (growing from zero to over 70 employees) was another key achievement by Poli.
Poli served and continues to serve on various Boards and Committees of large Joint Ventures, including EQUATE Petrochemical Co., The Kuwait Olefins Company (TKOC), The Kuwait Styrene Company (TKSC), and MEGlobal.