Arabian Drilling CEO resigns, Fahad Al-Bani takes helm

08:53 AM (Mecca time) Argaam
Arabian Drilling Co. says new CEO will assume responsibilities from Feb. 10.

Arabian Drilling Co. says new CEO will assume responsibilities from Feb. 10.

Arabian Drilling Co.’s board of directors accepted, on Feb. 5, the resignation of CEO Ghassan Mirdad, submitted due to personal reasons, effective from Feb. 9, 2026.

 

The board appointed Fahad Al-Bani as CEO effective Feb. 10, based on a recommendation by the nominations and remuneration committee, according to a statement to Tadawul.

 

Al-Bani is a seasoned upstream leader with nearly three decades of expertise in drilling engineering, unconventional resources, and large-scale operational excellence, the statement added.

 

Most recently, Al-Bani held the position of Vice President of Unconventional Reservoir (UR) Engineering Drilling & Completion at Saudi Arabian Oil Co. (Saudi Aramco), where he propelled advancements in digitalization, automation, and innovative well-delivery technologies. He has also taken on various managerial roles, including board member of Saudi Aramco Nabors Drilling Co. (SANAD).

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