Aramco appoints head of Saudi Arabia’s sovereign fund as chairman
Jonathan Lopez
04-Sep-2019
LONDON (ICIS)–Saudi Aramco has appointed Yasir Al-Rumayyan as its new chairman as the crude oil major prepares for a stock exchange listing.
Al-Rumayyan
(pictured) is also the head of Saudi Arabai’s
Public Investment Fund (PIF).
He succeeds Khalid al-Falih, who is Saudi Arabia’s energy minister.
Aramco is the world’s top oil producing company and is mulling a partial initial public offering (IPO) by 2020-2021.
Picture source: Aramco
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