Sabic’s chief executive Yousef al-Benyan and chairman Abdulaziz Aljarbou have been appointed for a new term until April 2022 by the company’s ordinary general assembly at the corporate headquarters in Riyadh on 9 April. The reappointment means they are intended to lead the company during a period that will see considerable restructuring after Aramco purchased 70% last month (MEES, 29 March). The remaining 30% is listed on Saudi Arabia’s bourse, the Tadawul.

How much Mr...