· 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),
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
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,
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
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
"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
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.