Saudi Aramco names new head of finance after government reshuffle: sources | Reuters

Saudi Aramco names new head of finance after government reshuffle: sources | Reuters:

"Saudi Aramco has named six new heads of departments including its finance unit after a government reshuffle last week saw several executives at the oil giant moving to other state posts, the company and industry sources said on Tuesday.

Khalid al-Dabbagh was named acting service line head for finance, strategy and development at the world’s largest oil producer, taking over on an interim basis from Abdallah al-Saadan, who was senior vice president of the department, the sources who are familiar with the matter told Reuters.

In his post, Saadan was effectively chief financial officer of Aramco, overseeing preparations for its initial public offering (IPO), which is expected to take place in 2019 and could be the world’s biggest."



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