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