ASMO, the supply chain and procurement joint venture between Saudi Aramco and DHL, has appointed Nico Schuetz as its new Chief Executive Officer. Schuetz will be based in Dammam and report directly to the ASMO Board. His appointment comes as the company accelerates its expansion across Saudi Arabia and the wider Middle East and North Africa (MENA) region.
Familiar Leader Returns to ASMO
Schuetz brings extensive knowledge of ASMO’s business and strategy. He played a key role in the company’s early development before its formal incorporation.
During his tenure as CEO of DHL Supply Chain Middle East between 2022 and 2023, he helped shape the joint venture’s operating model. He also worked closely with stakeholders and supported the business through a critical stage of its formation.
Most recently, Schuetz served as CEO of DHL Supply Chain France. Since joining DHL in 2006, he has held several senior leadership positions focused on strategy, transformation, and business growth.
Chairman Highlights Strategic Importance of Appointment
Salem A. Al Huraish, Chairman of ASMO, said Schuetz’s deep understanding of the company’s vision and operating environment makes him the right leader for its next phase.
“Nico brings first-hand understanding of ASMO, the strategic intent behind its establishment, and the environment in which it operates. Having been involved during the business’s formative stage, he is well positioned to lead ASMO through its next phase as it continues to strengthen its capabilities, build strategic partnerships, and expand its role across Saudi Arabia and the wider MENA region,” Al Huraish said.
Focus on Growth Across Energy, Chemical and Industrial Sectors
Commenting on his appointment, Schuetz said ASMO has already evolved from a newly established venture into an operational business serving major industry requirements.
He noted that the company now manages key operations and supports its anchor customer, Saudi Aramco, through procurement and supply chain services.
“Having been involved in shaping the business during its formative stage, I return with a clear view of ASMO’s purpose, its potential, and the role it can play across the energy, chemical, and industrial sectors,” Schuetz said.
He added that he looks forward to building on the company’s foundation and guiding its next stage of growth.
ASMO Expands Operational Footprint Across Saudi Arabia
Since its launch, ASMO has steadily expanded its presence across the Kingdom.
The company currently manages three Saudi Aramco facilities located in Riyadh, Jazan, and the Central Pipe Yard, one of the world’s largest pipe storage and logistics facilities.
In addition, ASMO has broadened procurement services for Saudi Aramco across multiple categories through an extensive supplier network.
Earlier this year, the company also broke ground on its largest logistics facility to date at SPARK, the Kingdom’s industrial ecosystem focused on the energy sector.
Vision 2030 Drives Long-Term Expansion Plans
ASMO expects to manage procurement activities worth more than $8 billion annually by 2030.
To support this growth, the company plans to operate a national network of six strategically located facilities across Saudi Arabia.
As a contributor to Saudi Arabia’s Vision 2030 goals, ASMO aims to strengthen supply chain resilience, promote localization, and support economic diversification through advanced procurement and logistics solutions.
The company provides end-to-end supply chain services, including materials procurement, warehousing, inventory management, logistics, and reverse logistics for businesses operating in the energy, chemical, and industrial sectors.
