Aramco names first woman to head overseas office, days before IPO

Published November 13, 2019
A man walks under a billboard displaying an advertisement for Saudi Arabia's state-owned oil giant Aramco with Arabic reading: "Saudi Aramco, soon on stock exchange" in Jeddah, Saudi Arabia on Tuesday, November 12, 2019. — AP
A man walks under a billboard displaying an advertisement for Saudi Arabia's state-owned oil giant Aramco with Arabic reading: "Saudi Aramco, soon on stock exchange" in Jeddah, Saudi Arabia on Tuesday, November 12, 2019. — AP

Saudi Aramco, the world's top oil exporter, has appointed its first woman head of an overseas office, two sources with knowledge of the matter said on Wednesday.

Marwa al-Khuzaim will helm Aramco Asia Singapore from December, taking over from Nader al-Arfaj, they said.

Al-Khuzaim is currently a supply chain director at Aramco Chemicals Company, a unit of Aramco, according to her LinkedIn profile.

Her appointment comes before the world's most profitable company starts a share sale on November 17 in an initial public offering (IPO) that may raise between $20 billion and $40 billion.

Saudi Aramco did not immediately respond to an emailed request for comment.

Follow Dawn Business on Twitter, LinkedIn, Instagram and Facebook for insights on business, finance and tech from Pakistan and across the world.

Opinion

Enter the deputy PM

Enter the deputy PM

Clearly, something has changed since for this step to have been taken and there are shifts in the balance of power within.

Editorial

All this talk
Updated 30 Apr, 2024

All this talk

The other parties are equally legitimate stakeholders in the country’s political future, and it must give them due consideration.
Monetary policy
30 Apr, 2024

Monetary policy

ALIGNING its decision with the trend in developed economies, the State Bank has acted wisely by holding its key...
Meaningless appointment
30 Apr, 2024

Meaningless appointment

THE PML-N’s policy of ‘family first’ has once again triggered criticism. The party’s latest move in this...
Weathering the storm
Updated 29 Apr, 2024

Weathering the storm

Let 2024 be the year when we all proactively ensure that our communities are safeguarded and that the future is secure against the inevitable next storm.
Afghan repatriation
29 Apr, 2024

Afghan repatriation

COMPARED to the roughshod manner in which the caretaker set-up dealt with the issue, the elected government seems a...
Trying harder
29 Apr, 2024

Trying harder

IT is a relief that Pakistan managed to salvage some pride. Pakistan had taken the lead, then fell behind before...