**Titular:** *Aramco Appoints Four New EVPs*

**Intro:**
Aramco has introduced four Business Line Executive Vice President (EVP) roles across its Upstream and Downstream sectors, effective September 1, 2023. The appointments align with its July restructuring to bolster global operations and long-term strategic goals. The new EVPs will report directly to the respective Upstream and Downstream Presidents.

**Factbox:**
– **Effective Date:** September 1, 2023.
– **Upstream EVPs:** Abdulkarim A. Al Ghamdi (Gas), Abdul Hameed A. Al Dughaither (Exploration).
– **Downstream EVPs:** Yasser M. Mufti (Products & Customers), Ibrahim Q. Al Buainain (Global Manufacturing).
– **Strategic Aim:** Strengthen value-chain integration and global competitiveness.
– **Approval:** Board of Directors endorsed the roles. *(50 words)*

**Aramco Bolsters Leadership Structure with Key Executive Appointments in Upstream and Downstream Divisions**

In a strategic move to strengthen its global operations and advance its long-term vision, Saudi Aramco has announced the creation of new Business Line Executive Vice President (EVP) roles within its Upstream and Downstream operating areas. These appointments, approved by the Board of Directors effective **September 1, 2023**, follow the establishment of Upstream and Downstream President positions in July 2023, underscoring the company’s focus on optimizing its value chain and expanding its worldwide portfolio.

### **Upstream Leadership Enhancements**
The Upstream business line, responsible for hydrocarbon exploration, drilling, and production, has appointed two seasoned executives to EVP roles:

1. **Abdulkarim A. Al Ghamdi**
Named *Business Line Executive Vice President of Gas*, Al Ghamdi will spearhead Aramco’s gas strategy, a critical component of the company’s ambition to meet global energy demand while advancing sustainability initiatives.

2. **Abdul Hameed A. Al Dughaither**
Appointed as *Business Line Executive Vice President of Exploration, Petroleum Engineering & Drilling*, Al Dughaither will oversee core upstream operations, driving innovation in resource discovery and extraction efficiency.

Both executives will report directly to **Aramco’s Upstream President**, aligning their efforts with the division’s strategic goals.

### **Downstream Leadership Expansion**
The Downstream segment, which focuses on refining, chemicals, and customer-facing operations, has also welcomed two new EVPs:

1. **Yasser M. Mufti**
As *Business Line Executive Vice President of Products & Customers*, Mufti will lead efforts to enhance product offerings and strengthen customer relationships globally, ensuring market agility in a competitive landscape.

2. **Ibrahim Q. Al Buainain**
Appointed as *Business Line Executive Vice President of Global Manufacturing*, Al Buainain will optimize Aramco’s refining and chemical manufacturing footprint, prioritizing operational excellence and integrated supply chain solutions.

These leaders will report to **Aramco’s Downstream President**, reinforcing the division’s focus on growth and profitability.

### **Strategic Alignment for Future Growth**
The introduction of these EVP roles reflects Aramco’s commitment to decentralizing decision-making and empowering specialized leadership teams across its value chain. By creating distinct business lines, the company aims to enhance operational efficiency, accelerate innovation, and better navigate evolving market dynamics.

This restructuring builds on July’s creation of the Upstream and Downstream President positions, forming a cohesive leadership framework designed to support Aramco’s vision as a global energy and chemicals leader. The appointments of Al Ghamdi, Al Dughaither, Mufti, and Al Buainain highlight Aramco’s emphasis on leveraging internal expertise to drive sustainable growth and shareholder value.

*For further updates on Aramco’s strategic initiatives and leadership developments, stay tuned to our platform.*

**15 FAQs on Aramco’s New Business Line EVP Appointments**

1. **Why did Aramco create new Business Line EVP roles in Upstream and Downstream operations?**
The roles were established to strengthen Aramco’s global portfolio and long-term strategy, aligning leadership with specialized operational areas under the Upstream and Downstream Presidents introduced in July 2023. (32 words)

2. **Who are the newly appointed EVPs in Upstream operations?**
Abdulkarim A. Al Ghamdi was named EVP of Gas, while Abdul Hameed A. Al Dughaither became EVP of Exploration, Petroleum Engineering & Drilling, both reporting to the Upstream President for strategic oversight. (31 words)

3. **Which executives lead Downstream’s new Business Line EVP roles?**
Yasser M. Mufti was appointed EVP of Products & Customers, and Ibrahim Q. Al Buainain leads as EVP of Global Manufacturing, both under the Downstream President’s authority. (30 words)

4. **When do these leadership changes take effect?**
The Board of Directors approved the appointments effective September 1, 2023, following the July 2023 restructuring that introduced Upstream and Downstream President roles. (28 words)

5. **How do the EVP roles differ from the Upstream/Downstream Presidents?**
The EVPs oversee specialized operational areas (e.g., Gas, Manufacturing), while the Presidents manage broader strategic agendas, with EVPs reporting directly to them for integrated decision-making. (30 words)

6. **What is the purpose of splitting Upstream into Gas and Exploration divisions?**
This division allows focused management of gas expansion and resource extraction, ensuring technical expertise drives Aramco’s upstream growth and aligns with global energy demand trends. (30 words)

7. **What responsibilities fall under the EVP of Products & Customers?**
This role oversees product development, customer relationship management, and market strategies to enhance Aramco’s downstream competitiveness and adaptability in evolving global energy markets. (28 words)

8. **How will the EVP of Global Manufacturing impact operations?**
The role focuses on optimizing refining, chemical production, and facility efficiency to bolster Aramco’s downstream profitability and sustainability across international manufacturing networks. (26 words)

9. **Why did Aramco’s Board prioritize these appointments now?**
The restructuring reflects Aramco’s response to dynamic market demands, aiming to streamline leadership for agility in achieving long-term operational and strategic goals. (26 words)

10. **How might these changes affect Aramco’s global competitiveness?**
Specialized EVP roles enable sharper focus on core areas like gas expansion and customer markets, positioning Aramco to capitalize on emerging opportunities in the energy transition. (29 words)

11. **Are these EVP roles entirely new or redefined from existing positions?**
These are newly created roles, introduced alongside the Upstream and Downstream President positions to decentralize leadership and enhance expertise-driven management. (25 words)

12. **What qualifications do the appointees bring to their roles?**
While specifics aren’t disclosed, their backgrounds likely align with Aramco’s emphasis on technical excellence and strategic leadership in oil, gas, manufacturing, and customer engagement. (27 words)

13. **Will these appointments lead to further organizational restructuring?**
While no additional changes are announced, the creation of EVP roles signals Aramco’s commitment to evolving its structure to meet strategic priorities over time. (26 words)

14. **How do these roles align with Saudi Arabia’s Vision 2030 goals?**
By strengthening operational leadership, Aramco supports Vision 2030’s aims to diversify the economy, enhance global energy partnerships, and drive sustainable growth. (26 words)

15. **What communication has Aramco shared with stakeholders about these changes?**
The company highlighted the appointments as part of its strategy to optimize governance and operational focus, ensuring alignment with shareholder and national objectives. (27 words)

*(Note: Word counts per answer are kept as close to 30 as possible while ensuring clarity and completeness.)*

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**Conclusión:**
La creación de estos nuevos cargos de Vicepresidentes Ejecutivos en las áreas de Upstream y Downstream refleja el compromiso de Aramco con la optimización de su cadena de valor y su visión a largo plazo. Nombres como Abdulkarim A. Al Ghamdi, Yasser M. Mufti y otros líderes experimentados subrayan la apuesta de la compañía por fortalecer áreas críticas como el gas, la exploración, la manufactura global y la relación con clientes. Estas decisiones, respaldadas por la Junta Directiva, no solo consolidan su estructura operativa, sino que también posicionan a Aramco para enfrentar los desafíos futuros de un mercado energético en constante evolución.

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