20th Nov 2019 14:14
(Alliance News) - SDX Energy PLC on Wednesday said it appointed Amr Al Menhali as non-executive director.
The oil & gas company said Menhali was appointed chief executive of Waha Capital in September, SDX's largest shareholder with almost 20% interest. He has a track record of over 20 years in senior leadership positions across a number of high profile institutions, with expertise in strategy, finance, risk, credit and corporate governance, SDX said.
"His appointment demonstrates the ongoing support of our largest shareholder, Waha Capital," explained Non-Executive Chair Michael Doyle.
"Al Menhali has significant experience in senior management and board positions across a number of high profile institutions in our operating region and we are looking forward to his contribution and insight as the Company continues to deliver on its objectives," added Doyle.
SDX shares were trading 2.2% lower in London on Wednesday afternoon at 22.75 pence each.
By Evelina Grecenko; [email protected]
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