Monday 1 October 2012
Last Update 1 October 2012 12:53 am
The board of directors of Sadara Chemical Company has appointed Ziad S. Al-Labban as chief executive officer.
He replaces Ali A. Abuali, who has elected to retire from the company, Sadara said in a press release.
The appointment will be effective Oct. 1.
Al-Labban has 30 years of work experience in the upstream and downstream sectors of the oil, gas and petrochemical businesses.
From Aug. 1, 2009, through Sept. 8, 2012, he was the president and CEO of Rabigh Refining and Petrochemicals Co. (PetroRabigh).
Sadara Board Chairman Abdulrahman Al-Wuhaib said: “Al-Labban brings with him an outstanding, proven track record in managing large enterprises and joint ventures, both in upstream and downstream, in the Kingdom and abroad.”
He added: “We are truly pleased with his appointment. We have no doubt he will take Sadara to new heights as the project moves full steam ahead.”
Prior to assuming his position in PetroRabigh, Al-Labban had been the president and CEO of Saudi Refining, Inc. (SRI) in Houston, Texas, from August 2007 through July 2009.
Al-Wuhaib said: “Ali has done a terrific job in leading Sadara through a critical phase of establishment. He has laid a solid foundation on which to build this world-class enterprise and we are most grateful for his contributions.”
Sadara Board Vice-Chairman Jim McIlvenny said: “We welcome Al-Labban whose demonstrated leadership and results will maintain the project’s momentum and set the stage for a successful start-up.”
McIlvenny said: “Ali’s leadership has enabled this mega-project to achieve remarkable progress to date.”
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