Saudi Kayan Appoints Sabic Senior Staff Member As Chairman

Saudi Kayan Petrochemical Co, an affiliate of Saudi Basic Industries Corp (Sabic), replaced its chairman of the board, the company said in a statement on Sunday.

Omar al-Amoudi, executive vice president of shared services at Sabic and an existing Kayan board member, took over from Mutlaq al-Morished, who resigned after becoming chief executive of National Industrialisation Co (Tasnee), Kayan said.

Al-Morished left his post as chief financial officer of Sabic to take up the position at Tasnee, Reuters reported on Dec. 14.

Al-Amoudi is also the chairman of Saudi Methanol Co, another Sabic subsidiary, and a board member of Marafiq, the utility company for the Jubail and Yanbu industrial cities, where most of the kingdom’s petrochemicals industry are based.