Sabic, a global leader in the chemicals industry, has confirmed the appointment of Abdulrahman Al-Fageeh as Chief Executive Officer and Executive Member of the Board, effective March 21.
Al-Fageeh has served as acting CEO of Sabic since September 28, 2022, succeeding Yousef Al-Benyan, who was appointed Saudi Arabia’s Minister of Education.
“Abdulrahman Al-Fageeh is a proven leader, demonstrated during his long tenure at Sabic. He is well-positioned to continue driving sustainable growth for our customers, employees, shareholders and communities,” said Khalid Hashim Al-Dabbagh, Chairman of SABIC’s Board of Directors.
“The future remains bright for Sabic, the Kingdom of Saudi Arabia, and the chemicals industry as we continue to innovate and expand in order to meet the needs of our ever-changing world. The Board of Directors is confident in Sabic’s ability to continue to realize its vision to be the preferred world leader in chemicals.”
Al-Fageeh joined Sabic more than 35 years ago and has held several key leadership posts within the company. In addition to his role as acting CEO, Al-Fageeh led Sabic’s largest business as Executive Vice President, Petrochemicals since its creation in October of 2016. –TradeArabia News Service