Zawya - News: Saudi Arabian Drilling Appoints New CEO - Profile

Shaimaa Hefzy

The board of directors of Saudi Arabian Drilling Company, which is listed on the Saudi Stock Exchange, decided to appoint Fahad Al-Bani as CEO after Ghassan Mirdad resigned from his position, according to a statement from the company to the stock exchange on Sunday.

The company was founded in 1964 and operates in providing onshore and offshore drilling services, including the oil and gas sector. It has been listed on the Saudi market since 2022, according to official data.

Read also: Changes in the management of listed Saudi companies - a quick look

What do we know about the builder?

(According to the statement and his LinkedIn account)

- He obtained a Bachelor of Science degree in Mining Engineering from King Saud University in 1996.

- He began his professional career in the late nineties at Saudi Aramco.

- He progressed through a number of positions at Aramco, most recently as Vice President of Reservoir Engineering and Unconventional Drilling (UR).

- He also served as a member of the board of directors of Saudi Aramco Nabors Drilling Company (Sanad).

- He will assume his duties starting from February 10, 2026.

(Prepared by: Shaimaa Hefzy, Edited by: Omnia Assem, Contact: zawya.arabic@lseg.com)

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