Khalid H. Al-Dabbagh was appointed Senior Vice President of Finance, Strategy and Development by Aramco’s Board of Directors, effective September 1, 2018, after several months of covering the role on an acting basis.
Mr. Al-Dabbagh had been the company’s Financial Controller since January 2012. He was responsible for Aramco’s global accounting activities, issuance of the annual financial report and the maintenance of an effective framework of internal controls. He provided business intelligence and advisory services, and was responsible for developing and maintaining corporate performance programs. Mr. Al-Dabbagh also oversaw the annual operating and capital budgeting processes, and the evaluation of proposed investments by the company.
In October 2010, Mr. Al-Dabbagh was appointed Treasurer after serving as the acting executive head of Treasury since February 2010. From September 2008, he was the Manager of the Business Analysis Department, with Strategy & Marketing Analysis. Prior to that, Mr. Al-Dabbagh was the acting Executive Director of Marketing, Supply and Joint Venture Coordination. Previous positions he held included Manager of Aramco’s Crude Oil Sales and Marketing; Director of Joint Venture Development and Support; President and CEO of Saudi Petroleum International Inc. in New York; and Managing Director of Saudi Petroleum Limited in Tokyo.
Currently Mr. Al-Dabbagh serves as Chairman of the Board of SABIC, Saudi Aramco Development Company (SADCO) and the Wisayah Investment Management Company. In addition, he represents the Company on the Board of Governors of the GCC Board Directors Institute.
Mr. Al-Dabbagh has also previously served as a Board Director with Showa Shell Sekiyu K.K., Sadara Chemical Company, Arlanxeo Holding BV, Fujian Refining and Petrochemical Company, Saudi Aramco Base Oil Company (Luberef), the Arab Petroleum Pipeline Company (SUMED), and Vice Chairman of Sinopec SenMei Products Company. He has also been a Board Member of Saudi Aramco Energy Ventures, the Saudi Aramco Entrepreneurship Center and Pengerang Refining and Petrochemical (PrefChem). He also served as a Board member of Aramco Trading Company (ATC) and the Chairman of its Board Audit Committee.
Mr. Al-Dabbagh earned a bachelor’s degree in Industrial Engineering from the University of Toledo. He has completed a number of executive leadership programs, including the Senior Executive Program at London Business School.