Riyadh – Mubasher: The board of Sahara International Petrochemical Company (Sipchem) approved the resignation of the company's CEO, Saleh M. Bahamdan, which was submitted upon his request for retirement.

The resignation will come into effect on 1 January 2020, according to a bourse filing on Tuesday.

The board further approved the appointment of Abdullah S. Al-Saadoon as the new CEO of Sipchem.

Al-Saadoon holds a bachelor's degree in Chemical Engineering from King Fahd University of Petroleum and Minerals and has over 30 years of experience in the petrochemicals field. He joined Sipchem in 2001.