12/08/2018 07:37 AST

Saudi Aramco, a global petroleum and natural gas company, has appointed Khalid H Al-Dabbagh as senior vice president of Finance, Strategy & Development, effective September 1.

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 proposed investments by the company.

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.

Previous positions he held included 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 Director with Showa Shell, Fujian Refining and Petrochemical Company, Luberef, SUMED, and vice chairman of Sinopec SenMei Products Company.

Al-Dabbagh has been a Board member of Saudi Aramco Energy Ventures, the Saudi Aramco Entrepreneurship Center, and the Netherland’s Arlanxeo JV. He also served as a Board member of Aramco Trading Company and the chairman of their Board Audit Committee. He is currently a Board member of 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.

Al-Dabbagh earned a bachelor’s degree in industrial engineering from the University of Toledo. He has completed a number of executive leadership programmes, including the Senior Executive Programme at London Business School.


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