Saudi Aramco has announced that Amin H. Nasser has been appointed as its permeant CEO and president.
Nasser has been acting president and chief executive officer of Saudi Aramco since April, when his predecessor Khalid al-Falih was appointed Aramco’s chairman and also health minister.
The decision was announced after the Saudi Aramco Supreme Council held its first meeting in Jeddah today under the chairmanship of HRH Deputy Crown Prince Mohammed bin Salman bin Abdulaziz,
The Council made a number of decisions, including:
• The appointment of Amin H. Nasser as President of Saudi Aramco
• The endorsement of a five-year business plan (2015-2019) including the related capital program.
• The appointment of independent auditors for the company and its subsidiaries and determining their remuneration for 2015.
• The approval of the Company’s 2014 balance sheet and the profit and loss account (the Consolidated Financial Statements).
• The approval of the 2014 Annual Report of the Board of Directors and discharging the members of the Board of Directors from liability for their management of the Company during the same year.
At the conclusion of the meeting, the Chairman of the Supreme Council commended the excellent performance of the Company and its employees and expressed his pride of Saudi Aramco as a leading national company.
