In a major reshuffle, Faisal Al-Faqeer of Saudi Aramco has been appointed as the new Chief Executive Officer of Sadara Chemical Company, owned jointly by Saudi Aramco and The Dow Chemical Company, two corporate giants in their respective industries. Sadara has recently completed the commercial operations of the entire chemical complex in Jubail Industrial City II. Consistent with the appointment, Al-Faqeer has also subsequently resigned from Sadara’s Board of Directors.
Al-Faqeer replaces Ziad Al-Labban who joined Sadara in October 2012 and was responsible for building the company including its physical assets, organization, processes and procedures and then bringing those assets on stream. Ziad will assume new responsibilities with Saudi Aramco.
Al-Faqeer brings with him years of experience in the oil and gas industry. He has led different functions in Saudi Aramco including Engineering Consulting Services, R&D and Refining. Most recently, he was nominated to the Sadara Board of Directors as a member in January 2017 and acted as the General Manager for Saudi Aramco’s Ras Tanura Refinery, the largest in the region.