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Saudi Basic Industries Corporation (SABIC) announces the Appointment of a CEO

2010
SABIC
0.55 %
1444/08/30     22/03/2023 08:59:09

Element ListExplanation
Introduction Saudi Basic Industries Corporation (SABIC) announces the board of director resolution on March 21 , 2023 (29 Sha’aban 1444H) to appoint Mr. Abdulrahman Saleh Al-Fageeh as CEO of SABIC effective from March 21, 2023 (29 Sha’aban 1444H).
Element ListExplanation
Appointment Type Appointment
Name of the CEO Mr. Abdulrahman Bin Saleh Al-Fageeh
Date of Board Resolution 2023-03-21 Corresponding to 1444-08-29
Date Work Commencement 2023-03-21 Corresponding to 1444-08-29
Brief Resume Mr. Abdulrahman Bin Saleh Al-Fageeh holds the Bachelor’s degree in Chemical Engineering from King Saud University and MBA from Bradford University in UK. He assumed the position of CEO (A) and Executive Vice President for Petrochemicals. He is the Chairman of SABIC Agri-Nutrients Company and the Nusaned Investment Company. He is also the Chairman of the Gulf Petrochemicals and Chemicals Association and the Chairman of Petrochemical Manufacturers Committee. Mr. Al-Fageeh is also on the Board of the Royal Commission for Jubail and Yanbu and board member of Saudi General Authority of Foreign Trade (GAFT).

The Capital Market Authority and Saudi Exchange take no responsibility for the contents of this disclosure, make no representations as to its accuracy or completeness, and expressly disclaim any liability whatsoever for any loss arising from, or incurred in reliance upon, any part of this disclosure, and the issuer accepts full responsibility for the accuracy of the information contained in it and confirms, having made all reasonable enquiries, that to the best of their knowledge and belief, there are no other facts or information the omission of which would make the disclosure misleading, incomplete or inaccurate.

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Key Parameters
Last Price 55.2
Net Change 0.3 (+0.55%)
Value Traded (Sar) 87,519,457.2
Volume Traded 1,584,578
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