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

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By Reuters
Aramco's CFO Khalid al-Dabbagh set to step down - Bloomberg News
Aramco's CFO Khalid al-Dabbagh set to step down - Bloomberg News   -   Copyright  Thomson Reuters 2021
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– 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.