Log in
Login
Password
Remember
Lost password
Become a member for free
Sign up
Sign up
Settings
Settings
Dynamic quotes 

4-Traders Homepage  >  News

News

Latest NewsCompaniesMarketsEconomy & ForexCommoditiesHot NewsMost Read NewsRecomm.Business LeadersCalendar 

Nasser Al-Mahasher as new CEO of S-OIL

03/26/2012 | 03:56am US/Eastern

· S-OIL's board of directors appointed Mr. Nasser Al-Mahasher as new representative director and CEO.
· He served as the head of Saudi Petroleum Ltd. (SPL), Tokyo.


S-OIL appointed Mr. Nasser Al-Mahasher (age 52) as its new representative director and CEO, at the board of directors meeting, which was held at its Head Office in Seoul on March 23.

Mr. Nasser Al-Mahasher graduated from E.Michigan University in the U.S. and earned an M.S. in Chemical Engineering at Wayne State University in Michigan. While working for Saudi Aramco, the state-owned oil company of Saudi Arabia, for 22 years, he has built an extensive experience in technology, operation, engineering, project management, and marketing, etc.

As the global refining coordinator of Saudi Aramco, he managed to optimize the Refined Products System by precisely checking the status of refining facilities in the country, local demand, exports, and the country's strategic storage plan. By so doing, he cultivated a global business mindset.

In particular, while he was heading Saudi Petroleum Ltd.(SPL), Tokyo, for four years before coming to S-OIL, he managed all Saudi Aramco marketing activities, built a strong business relationship and network throughout East Asia. He is known to have a great understanding and appreciation of the Asian business culture.

"The new CEO responds flexibly and resiliently to changes in the business environment, with balanced perspectives based on a broad understanding of cultural differences, and has an excellent global business mindset." said an S-OIL officer. "He has cultivated his interest in Korea while he has visited Korea several times." he added.

Meanwhile, after serving his four-year term as S-OIL CEO, Mr. Ahmed A. Subaey is to return to Saudi Aramco early next month.
distributed by

This press release was issued by S-Oil Corporation and was distributed, unedited and unaltered, by noodls on 2012-03-26 09:39:48 AM. The issuer is solely responsible for the accuracy of the information contained therein.

React to this article
Latest news
Date Title
12:45aDJAustralia Eyes Privatization of Public Health and Welfare Payments
12:45aDJOil Prices Rise on Output Uncertainty
12:44a TAINAN ENTERPRISES : Survivor tells of living through collapse of Taiwan building
12:41a IKEGPS : Introduces IKE 4, Its Fourth-Generation Field Data Collection Solution
12:41a MARIANA RESOURCES : Highest Grade Gold‐Copper Intercept to Date for Hot Maden
12:41a NIPPON PISTON RING : Financial Information update
12:41a SOUTHERN GOLD : Cambodia Deal Completion
12:36a REDHILL BIOPHARMA : Enters into Research Agreement with Fraunhofer Institute for RP101
12:36a DOMINION RESOURCES : Issues 2.5% Notes, Due 2019, For US$450 Million
12:36a BRICKWORKS : Change in substantial holding for SMD
Latest news
Advertisement
Hot News 
MARIANA RESOURCES : Highest Grade Gold‐Copper Intercept to Date for Hot Maden
BRIXMOR PROPERTY : Goldberg Law PC Announces an Ongoing Investigation of Claims against Brixmor Property Group Inc. and Strongly Encourages Investors to Contact the Firm
BIOCRYST PHARMACEUTICALS : stock price falls 71 percent following recent trial results
FIRST DATA : Merchant Link Achieves EMV Certification with Chase Paymentech and First Data on the Verifone VX Device Family
REC SILICON ASA : Washington closure won't affect Butte, spokesman says
Most Read News
02/08 CLARIZEN : Appoints Boaz Chalamish as Chief Executive Officer
02/08 DAIRY AUSTRALIA : Cream of graduates begin coveted Dairy Manufacturing Scholarship
02/08 ABARES AUSTRALIAN BUREAU OF AGRICULTURAL AND RES : Mixed news in latest crop report​
02/08 JUMPSTART REPORTS : Audi, Acura, Honda, Hyundai, and Jeep See Highest Share of Traffic Throughout Super Bowl 50
02/08 OROCOBRE LIMITED (ASX : ORE) Olaroz Lithium Facility Operations Update
Most recommended articles
12:33a ALPHABET : Google CEO Pichai receives stock grant worth about $199 million
02/08DJOil Prices Rise Amid Uncertainty on Output Cuts
02/08 VIACOM TO SELL SNAPCHAT ADS IN MULTI-YEAR DEAL : Wsj
02/08DJAustralia Eyes Privatization of Public Health and Welfare Payments
02/08 China's coal industry needs to restructure as demand slows - Xinhua