New governor has been with state oil major Saudi Aramco for more than 20 years
Riyadh has appointed a new governor for Saline Water Conversion Corporation (SWCC), with immediate effect.
According to sources close to SWCC, Ali al-Hazmi, who has been in several roles with state oil company Saudi Aramco and associated companies for more than 20 years, has been appointed as the new head of the firm.
In his most recent position, Al-Hazmi had been the president for Saudi Aramco Shell Refinery Company (Sasref), the Aramco/Shell joint venture that runs the Sasref refinery in Jubail Industrial City.
Al-Hazmi replaces Abdulrahman al-Ibrahim, who had been governor of SWCC since 2011. Al-Ibrahim retains his position as CEO of the kingdoms water distribution and wastewater company, National Water Company (NWC). Al-Ibrahim assumed the position of CEO of NWC earlier in 2016.
The new governor will oversee an unprecedented reform programme for SWCC, the worlds largest desalination provider.
In a recent interview with MEED, the previous governor revealed that SWCC is working on plans to unbundle and privatise the company. A roadmap for privatising the company is due to be ready in 2017.
SWCC also faces a race to meet the rapidly growing demand for water in the kingdom, with estimates showing the kingdom will need to increase its installed desalination capacity by 2.2 million cubic metres a day (cm/d) by 2020.
You might also like...
Iraq signs deal to develop the Akkas gas field
25 April 2024
Emaar appoints beachfront project contractor
25 April 2024
Acwa Power signs $356m Barka extension
25 April 2024
AD Ports secures Angola port concession agreement
25 April 2024
A MEED Subscription...
Subscribe or upgrade your current MEED.com package to support your strategic planning with the MENA region’s best source of business information. Proceed to our online shop below to find out more about the features in each package.