Riyadh – Mubasher: Rabigh Refining and Petrochemical Company’s (Petro Rabigh) board has accepted the resignation of the company’s chairman Abdulaziz Mohamed Al Judaimi effective 1 February 2020.

The board also decided to name Ibrahim Qassem Al-Buainain as new chairman as of 1 February, according to a bourse statement released on Wednesday.

It is noteworthy that Petro Rabigh’s net profits after zakat and tax jumped by 62.13% to SAR 394 million in Q3-19, compared to SAR 243 million in Q3-18.