IssuerAnnouncementDetailsV2Portlet
Actions
Saudi Basic Industries Corporation (SABIC) announces Resignation and appointment of a Board Member.
| Element List | Explanation |
|---|---|
| Resigned Member Name | Eng. Abdulrahman Saleh Al-Fageeh |
| Membership Type | Executive |
| Resignation Submission Date | 2026-03-03 Corresponding to 1447-09-14 |
| Resignation Effective Date | 2026-03-31 Corresponding to 1447-10-12 |
| Membership Starting Date for the Resigned Member | 2025-04-10 Corresponding to 1446-10-12 |
| Reasons of Resignation | Retirement |
| Element List | Explanation |
|---|---|
| Appointed Member Name | Eng. Ibrahim Qasim AlBuainain |
| Membership Type | Non- Executive |
| Membership Start Date | 2026-04-01 Corresponding to 1447-10-13 |
| Brief Resume of the Appointed Member | Mr. AlBuainain began his career with Aramco in 1989. Ibrahim Q. AlBuainain has been appointed Executive Vice President of Global Manufacturing, effective September 01, 2023. Prior to this, he had been serving as Senior Vice President of Sales, Trading & Supply, since February 2022, overseeing the company’s global trading and sales of crude oil and LPG, it’s hydrocarbon supply planning network, which includes the company’s domestic sales of refined products, and feedstock. Mr. AlBuainain currently serves as Chairman of the Board of Luberef, and holds board positions at several Aramco subsidiaries and JV companies. He holds a B.S degree in Mechanical Engineering, an MBA in Global Management, and an M.S degree in Innovation and Global Leadership from Massachusetts Institute of Technology. |
| The date of the approval by other official authorities | N/A |
| Element List | Explanation |
|---|---|
| Date of Board Meeting in which Appointed New Member(s) were Appointed | 2026-03-03 Corresponding to 1447-09-14 |
| Board Approval | The board’s approval shall not be deemed final. Such appointment will be discussed at the first General Assembly for ratification. |
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.
Share
Company Performance
LoginPortletPopupv2
Actions
AddtoWatchlistv2
Actions
- ${title}${badge}