Sequest Establishes Senior Advisory Group to Accelerate Carbon Removal Operations in Saudi Arabia
Two founding appointments signal growing institutional momentum behind Sequest’s KSA market entry
Sequest, a durable carbon removal company, today announced the formation of its Senior Advisory Group and the appointment of The Hon. Wyatt Roy and Daniel Mikkelsen as its founding members.
The appointments mark a significant step in Sequest’s strategy to establish fully operational carbon removal infrastructure in the Kingdom of Saudi Arabia. With its proof of concept demonstrated in the field, and a partnership signed with the Saudi VCM, the world’s third largest voluntary carbon market, Sequest is moving into scale-up mode.
Gary Ganz, CEO and Co-Founder of Sequest, said: “We have spent a lot of time thinking about the capabilities and judgement Sequest needs around the table at this stage of the company. Wyatt and Daniel each bring deep, relevant experience in the regions and sectors that matter most to our next phase of growth. I am energized by what we are going to build together.”
The Hon. Wyatt Roy is an advisor to senior Saudi government institutions on science, technology, and innovation strategies and former Head of Innovation at NEOM. At NEOM, he worked at the intersection of sovereign ambition and emerging technology commercialization, building on his deep understanding of the Kingdom’s institutions and private sector. Before that, as the youngest Minister in Commonwealth history, he was a principal architect of Australia’s National Innovation and Science Agenda and chaired the parliamentary committee overseeing landmark trade agreements with China, Japan, and South Korea.
Roy said: “Saudi Arabia is undertaking one of the most significant economic transformations of our time. Vision 2030 has placed decarbonisation and industrial diversification at the centre of the Kingdom's agenda. There are very few places in the world where execution capability, sovereign commitment, and serious capital converge at this scale. Saudi Arabia is one of them. Sequest is approaching this with the rigour the moment demands. Their operational ambition is real, and the team has done the hard work to understand how to build in the region. I am looking forward to contributing to that.”
Daniel Mikkelsen is Partner and Managing Director at AlixPartners, leading its EMEA Financial Services Practice, and an early investor in Sequest. A former Senior Partner at McKinsey & Company, he brings more than 25 years of experience advising leading global financial institutions on strategy, transformation, sustainability, and risk. He has been deeply involved in building and scaling global carbon markets and brings extensive experience across Middle East financial institutions - a combination that maps directly onto Sequest's next phase of growth.
Mikkelsen said: “It’s exciting to join Sequest’s advisory group and continue working with the team as they tackle the deliverability and scalability challenges in durable carbon removal. I have believed in what this team is building since the beginning, and I am looking forward to contributing more directly as they scale.”
The Senior Advisory Group will grow in the months ahead as Sequest advances its operations in the Kingdom.
About Sequest
Sequest is pioneering industrial-scale, low-cost, durable carbon removal. We close the carbon market’s delivery gap with high-integrity removals delivered in-quarter. Deployments begin in Saudi Arabia, with expansion to follow.
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