Saudi Chemical names Abdullah Alznaedi as Acting CEO

Logo of Saudi Chemical Company Holding (SCCH)

Saudi Chemical Company Holding (SCCH) appointed, on Jan. 28, Abdullah Alznaedi as Acting CEO, as of Feb. 1, according to a statement to Tadawul.

Alznaedi holds a degree in chemical engineering from King Fahd University of Petroleum and Minerals, awarded in 1993.

He also earned an executive master’s degree in business administration from the Thunderbird School of Global Management, US, in 2016. He brings over 31 years of industrial experience to his new role in the company.

Moreover, Alznaedi worked at Saudi Basic Industries Corp. (SABIC) for 24 years, during which he held several positions, the last of which was CEO of SABIC Africa. At the start of his career, he worked at Saudi Pharmaceutical Industries and Medical Appliances Corp. (SPIMACO) for three years. Alznaedi joined SCCH in early 2021 and currently serves as CEO of the Explosives Division. Additionally, he holds board membership in both Methanol Chemicals Co. (Chemanol) and Al Jouf Cement Co.

In a separate statement, Saudi Chemical announced that the board approved a modification to the effective date of the resignation of the CEO, Thamer AlMuhid, to Jan. 31 instead of the previously announced date of Feb. 28, based on his request.

In November 2024, Saudi Chemical’s board accepted the resignation of AlMuhid, who will continue to serve as a board member, according to Argaam’s data.