Home GCC Saudi Arabia CEO of Saudi Arabia’s Sabic, Yousef Abdullah Al-Benyan, resigns By virtue of a royal decree, Al-Benyan was appointed as the kingdom’s new education minister by Zainab Mansoor September 29, 2022 Yousef Abdullah Al-Benyan, CEO of Saudi Arabia-based chemicals maker Saudi Basic Industries Corporation (Sabic), has stepped down. The resignation comes after a royal decree appointed Al-Benyan as the kingdom’s education minister earlier this week. Read: Saudi Crown Prince Mohammed bin Salman named Prime Minister pic.twitter.com/1GWS0ZbsTe — SABIC I سابك (@SABIC) September 28, 2022 The board of directors have appointed Abdulrahman Saleh Al-Fageeh as acting CEO for six months, starting September 28, Sabic said in a disclosure filed on the Saudi Exchange. Prior to his position as Sabic’s vice chairman and CEO, Al-Benyan served as the executive vice president, corporate finance and CFO. Al-Benyan holds a bachelor’s degree in economics and a master’s degree in industrial management. He is also the chairman of the boards of SABIC Agri-Nutrients Company, SABIC Investment & Local Content Development Company (Nusaned), the Gulf Petrochemicals and Chemicals Association (GPCA), and the Petrochemical Manufacturers Committee. He also serves on the boards of Saudi Tadawul Group and Saudi Information Technology Company, according to the company’s website. Tags CEO Education Minister SABIC Saudi Arabia 0 Comments You might also like Major Schengen visa update for Bahrain, Oman, Saudi Arabia and India Marriott to open Ritz-Carlton Reserve in NEOM’s Trojena Saudi Arabia: 320,000 new hotel rooms expected by 2030, reveals report Saudi IPO: Miahona Company to list shares on Tadawul