BRIEF-Saudi Aramco Establishes Integrated Corporate Development Organization To Optimize Portfolio
- Country:
- Italy
SAUDI ARABIAN OIL CO:
* ARAMCO ANNOUNCES CORPORATE DEVELOPMENT ORGANIZATION
* ANNOUNCED ESTABLISHMENT OF AN INTEGRATED CORPORATE DEVELOPMENT ORGANIZATION TO OPTIMIZE COMPANY'S PORTFOLIO
* CORPORATE DEVELOPMENT IS MANDATED TO CREATE VALUE, ASSESS EXISTING ASSETS
* ORGANIZATION WILL SUPPORT RAPID AND EFFECTIVE DECISION-MAKING ON THE COMPANY'S PORTFOLIO AND CORPORATE DEVELOPMENT ACTIVITIES
* ORGANIZATION WILL BE LED BY SENIOR VICE PRESIDENT ABDULAZIZ M. AL-GUDAIMI
* ORGANIZATION WILL BECOME OPERATIONAL STARTING SEPTEMBER 13, 2020
* CORPORATE DEVELOPMENT IS MANDATED TO SECURE GREATER ACCESS TO GROWTH MARKETS AND TECHNOLOGIES THROUGH PORTFOLIO OPTIMIZATION AND STRATEGIC ALIGNMENT Further company coverage:
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