Logo ofSaudi Aramco Base Oil Co. (Luberef)
Saudi Aramco Base Oil Co. (Luberef) said Chairman Ibrahim Al-Buainain resigned on May 21, due to personal reasons. 
In a statement to Tadawul, the company said the board appointed Yasser Mufti as a board member and Chairman to complete the current term, which ends on Aug. 14, 2027.
Mufti was appointed at a board meeting held on May 22. The appointment remains subject to approval by the company’s shareholders in the upcoming meeting.
Logo ofSaudi Aramco Base Oil Co. (Luberef)
Saudi Aramco Base Oil Co. (Luberef) said Chairman Ibrahim Al-Buainain resigned on May 21, due to personal reasons.
In a statement to Tadawul, the company said the board appointed Yasser Mufti as a board member and Chairman to complete the current term, which ends on Aug. 14, 2027.
Mufti was appointed at a board meeting held on May 22. The appointment remains subject to approval by the company’s shareholders in the upcoming meeting.
