Oil giant Saudi Aramco names acting CEO

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Oil giant Saudi Aramco on Friday named an interim president and CEO after his veteran predecessor's appointment as minister of health. Amin Nasser was named "acting president and chief executive officer of the Saudi Arabian Oil Company until further notice," Saudi Aramco said in a statement. The appointment followed Khalid al-Falih's assignment on Wednesday to the Saudi cabinet under a major government reorganisation. Saudi Aramco is the world's largest oil company in terms of crude production and exports.

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