Aramco's CFO Khalid al-Dabbagh set to step down - Bloomberg News

Saudi Aramco Q3 profit soars on higher prices, volumes sold - Copyright Thomson Reuters 2021

By Reuters

Published on 01/07/2021 - 07:05•Updated 24/04/2024 - 23:08

- Aramco's Khalid al-Dabbagh is set to step down as chief financial officer of the Saudi Arabian oil giant, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Ziad Al-Murshed will replace al-Dabbagh, who helped in leading Aramco through its initial public offering in 2019, according to the report. (https://bloom.bg/361YINo)

Aramco could announce the management change this week, Bloomberg News said.

Al-Dabbagh will join the firm's board and retain the chairmanship of Aramco's unit Saudi Basic Industries Corp, the report added.

Aramco declined to comment.

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