Saudi Aramco appoints Al-Dabbagh as senior VP of finance

Saudi Aramco appointed Khalid Al-Dabbagh as senior vice president of finance, strategy and development, effective Sept. 1, the company said in a statement on its website on Friday.

Al-Dabbagh has been the company’s financial controller since January 2012. He was responsible for Saudi Aramco’s global accounting activities, issuance of the annual financial report and the maintenance of effective internal controls. He provided business intelligence and advisory services, and was responsible for developing and maintaining corporate performance programs.

Al-Dabbagh also oversaw the annual operating and capital budgeting processes, and the evaluation of the firm’s proposed investments.

In October 2010, Al-Dabbagh was appointed treasurer after serving as the acting executive head of Treasury since February 2010.

From September 2008, he was the manager of Business Analysis Department at Corporate Planning. Prior to that, Al-Dabbagh was the acting executive director of Marketing, Supply and Joint Venture Coordination.

He previously served as manager of Saudi Aramco’s Crude Oil Sales and Marketing; director of Joint Venture Development and Support; President and CEO of Saudi Petroleum International Inc. in New York; and General Manager of Saudi Petroleum Limited in Tokyo.

Al-Dabbagh has also served as a board member of several firms, as well as a board director with Showa Shell, Fujian Refining and Petrochemical Company, Luberef, SUMED, and vice chairman of Sinopec SenMei Products Company.

He is currently a board member in Sadara; and the Pengerang Refining and Petrochemical (PrefChem) joint venture with Malaysia’s Petronas. In addition, he represents Saudi Aramco on the board of governors of the GCC Board Directors Institute.