Sipchem announces the Appointment of Board Member and Managing Director
Monday, April 01, 2019
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Saudi International Petrochemical Company (Sipchem) announces that the Board of Directors has issued a resolution by circulation on Sunday, March 31, 2019 include the following appointments, effective April 01, 2019:
1. Appoint Eng. Abdullah bin Saif Al-Saadoon as a board member of Sipchem (Executive Member), to complete the current term of the Board which will end on 9 December 2019. The appointment will be submitted to the coming General Assembly for approval.
2. Appoint Eng. Abdullah bin Saif Al-Saadoon as Managing Director of Sipchem
3. Appoint Eng. Abdullah bin Saif Al-Saadoon as a member of the Executive Committee of the Board of Directors.
4. Appoint Eng. Abdullah bin Saif Al-Saadoon as Sipchem’s representatives with Capital Market Authority (CMA) and Tadawul.
It is worth mentioning that Eng. Abdullah Saif Al-Saadoon graduated from King Fahd University of Petroleum and Mineral with a Bachelor of Science in Chemical Engineering. After his graduation, he worked with the Saline Water Conversion Corporation, then he moved to work with SABIC, where he held a number of leadership positions.
Eng. Al-Saadoon joined Sipchem in 2001. He participated in several major projects carried out by the company during the period of its establishment. He took over the position of President, Operations and Manufacturing. During his tenure, he oversees the company's transformation in several sectors including IT, Human Resources and Supply Chain, as well as under his Board chairmanship and Board membership a number of Sipchem's Affiliates.