| Element List | Explanation |
|---|---|
| Introduction | Advanced Petrochemical Company announces the resignation of Eng. Fahad bin Salem Al-Matrafi from his position as President and Chief Executive Officer, effective July 31, 2025. Eng. Fahad will continue as an advisor to the Board of Directors until August 31, 2025. The Company further announces the appointment of Eng. Mamdouh bin Habis Al Amri as President and Chief Executive Officer, effective August 1, 2025. Eng. Fahad has been with the Company for 17 years and has served as President and Chief Executive Officer since 2019. He has brought 30 years of experience in the petrochemical sector, steering the Company in many different areas and achieving the strategic objectives of the Company, where he was pivotal in the successful development and execution of the Company’s petrochemical complex project (Advanced Polyolefins Industry Company). The Board of Directors extends its profound appreciation to Eng. Fahad for his exemplary service, strategic vision, and unwavering dedication, wishing him continued success in his future endeavors. |
| Element List | Explanation |
|---|---|
| Name of the Resigned Person | Fahad bin Salem Al-Matrafi |
| Resignation Acceptance Date | 2025-06-29 Corresponding to 1447-01-04 |
| Resignation Effective Date | 2025-07-31 Corresponding to 1447-02-06 |
| Reasons for Resignation | Upon his request for retirement. |
| Element List | Explanation |
|---|---|
| Appointment Type | Appointment |
| Name of the Appointed Person | Mamdouh bin Habis Al-Amri |
| Date of Board Resolution | 2025-06-29 Corresponding to 1447-01-04 |
| Date Work Commencement | 2025-08-01 Corresponding to 1447-02-07 |
| Brief Resume | Eng. Mamdouh earned his bachelor's degree in chemical engineering from King Fahd University of Petroleum and Minerals in 1996. He is currently the CEO of Advanced Poly Olefins Industry Company and Vice President of Projects. He led many projects such as the development and execution of the Company’s petrochemical complex project (Advanced Polyolefins Industry Company) and the Isopropanol project. He has previously held several positions at Advanced Petrochemical Company, including Manager of the Environment, Health, Safety, and Security Department, General Manager of Operations, and General Manager of Administration. Eng. Mamdouh has over 29 years of experience in the petrochemical sector. |