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UPDATE 1-Saudi SABIC says appoints Yousef al-Benyan as acting CEO

2015-02-16 04:44:23| Chemicals - Topix.net

Saudi Basic Industries Corp said on Sunday it has named Yousef Abdullah al-Benyan as its acting chief executive officer, replacing outgoing head Mohamed al-Mady. A SABIC official said Benyan's appointment had been approved by the board of directors and he would serve on an acting basis, clarifying an earlier Arabic-language bourse statement which named Benyan as Mady's successor.

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