Aramco's CFO Khalid al-Dabbagh set to step down

July 1, 2021 Aramco’s Khalid al-Dabbagh is set to step down as chief financial officer of the Saudi Arabian oil giant, Bloomberg News reported on Wednesday, citing people familiar with the matter. Ziad Al-Murshed will replace al-Dabbagh, who helped in...

Tribune Web Desk

Updated At : 05:37 PM Jul 01, 2021 IST

July 1, 2021

Aramco’s Khalid al-Dabbagh is set to step down as chief financial officer of the Saudi Arabian oil giant, Bloomberg News reported on Wednesday, citing people familiar with the matter.

Ziad Al-Murshed will replace al-Dabbagh, who helped in leading Aramco through its initial public offering in 2019, according to the report. Aramco could announce the management change this week, Bloomberg News said.

Al-Dabbagh will join the firm’s board and retain the chairmanship of Aramco’s unit Saudi Basic Industries Corp , the report added.

Aramco declined to comment. Reuters

The Tribune, now published from Chandigarh, started publication on February 2, 1881, in Lahore (now in Pakistan). It was started by Sardar Dyal Singh Majithia, a public-spirited philanthropist, and is run by a trust comprising five eminent persons as trustees.

The Tribune, the largest selling English daily in North India, publishes news and views without any bias or prejudice of any kind. Restraint and moderation, rather than agitational language and partisanship, are the hallmarks of the newspaper. It is an independent newspaper in the real sense of the term.

The Tribune has two sister publications, Punjabi Tribune (in Punjabi) and Dainik Tribune (in Hindi).

Remembering Sardar Dyal Singh Majithia

Designed and developed by : SORTD

Suggested Articles