Saudi Arabia: Senior reshuffle expected at Aramco

Chief executive Khalid Al-Falih is expected soon to formally announce change in Saudi Aramco’s senior management (GSN 994/9). Yasser Mufti has been selected to head Saudi Aramco Products Trading Company. Mufti would move from his post as Aramco’s head of mergers and acquisitions to replace Said Al-Hadrami as the trading subsidiary’s chief executive. Hadrami is expected to be named head of the parastatal giant’s international operations. Mufti served as Saudi Arabia’s Opec governor from March 2012 until December 2013 and was also head of the Accelerated Transformation Programme, which is intended to make Aramco a more diversified energy firm.