World’s most profitable company recruits US oil executive Lynn Laverty Elsenhans in milestone move for Saudi Arabia

Saudi Aramco, the world’s most profitable company, has appointed a woman to its board, in a milestone move for Saudi Arabia, where only one-fifth of women work and there are very few female executives.

The oil company, which made profits of $33.8bn (£24.5bn) in the first half of 2017 – $5bn more than second-placed Apple – said on Sunday it had recruited the American oil executive Lynn Laverty Elsenhans to its 11-member board.

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