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Saudi Kayan appoints Sabic senior staff member as chairman

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

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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.