Sir Mark Moody-Stuart (*the man who laid the groundwork for the Shell reserves fraud)
DHAHRAN, August 01, 2007 — The Custodian of the Two Holy Mosques, King Abdullah ibn ‘Abd al-’Aziz Al-Sa’ud, on July 18 ordered the formation of the Saudi Aramco Board of Directors under the chairmanship of Minister of Petroleum and Mineral Resources Ali I. Al-Naimi.
The new board will serve starting September 27, 2007, and will be composed, in addition to Al-Naimi, of: Dr. Ibrahim A. Al-Assaf, Minister of Finance and Member of the Council of Ministers; Dr. Mohammed I. Al-Suwaiyel, President of King Abdulaziz City for Science & Technology (KACST); Dr. Abdul Rahman A. Al-Tuwaijri, Secretary General of the Supreme Economic Council and Chairman of the Capital Markets Authority; Dr. Khalid S. Al-Sultan, Rector of King Fahd University for Petroleum and Minerals (KFUPM); Abdallah S. Jum’ah, president and CEO; Abdulaziz F. Al-Khayyal, senior vice president of Refining, Marketing & International; Khalid A. Al-Falih, senior vice president of Industrial Relations; Salim S. Al-Aydh, senior vice president of Engineering and Project Management; James W. Kinnear, former president and CEO of Texaco; Mark Moody-Stuart, former Chairman of the Royal Dutch/Shell Group; and Peter Woicke, former Executive Vice President of the International Finance Corporation (IFC) and Managing Director of the World Bank.
Al-Sultan, Al-Aydh, Moody-Stuart and Woicke are new members of the board. Dr. Khalid S. Al-Sultan is the fourth rector of KFUPM and the first graduate of that institution to hold this position. He also has served as the Kingdom’s Deputy Minister for Educational Affairs. read more
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