Saudi Aramco has signed up experienced international executives to its board in advance of its planned IPO.

Saudi Arabian state oil giant Aramco has expanded its board of directors to 11 members (up from nine). The board is the most international ever – five of the 11 are foreigners. It also has a growing emphasis on the downstream, which is a key part of the firm’s aim to become a global integrated petroleum player. (MEES, 13 April).

Of the five new appointees, all three of...