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Al-Masafi restructures Audit Committee
The Saudi Arabian Refining Company (Sarooco) announced the reorganization of the Audit Committee and the appointment of Adel Mamdouh Jafar as its Chairman, following the resignation of Abdulaziz bin Abdulmohsen Al Baker due to increased professional commitments. The new formation was established on August 12, 2026, with the aim of ensuring business continuity and effective oversight. The committee includes Khaled Mohammed Al Hunaiki and Nael Samir Faiz as independent members. All procedures remain within the framework of governance to ensure the committee's effective performance.
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