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Saudi Aramco announced two new leadership positions for upstream and downstream business.
In a statement to Tadawul, the world’s giant oil producer said it named Nasir Al-Naimi as President of Upstream Business, and Mohammed Al Qahtani as President of Downstream Business, both reporting along with Aramco’s Executive Vice Presidents to the company’s President & CEO.
The newly created positions and appointments, approved by the board of directors, will be effective from July 1, 2023, and will replace the previous Upstream and Downstream Executive Vice President positions, respectively.
These appointments will help drive the Company’s long-term strategy across its global portfolio and value chain, Aramco added.
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