Sunday, Aug 09, 2015
Dubai: Emirates National Oil Company (Enoc) announced on Sunday a shake-up of its Board of Directors, including the appointment of a new vice-chairman.
The wholly-owned Dubai government entity has appointed Saeed Mohammad Al Tayer, Vice-Chairman of the Dubai Supreme Council of Energy and Managing Director and Chief Executive Officer of Dubai Electricity and Water Authority, as Vice-Chairman of the Board, according to an emailed statement.
Al Tayer replaces Ahmad Humaid Al Tayer, who is a former UAE Minister of State for Finance and Industry, according to Enoc’s website.
Enoc also appointed Abdul Rahman Saleh Al Saleh, Director-General, Department of Finance — Government of Dubai; and Ahmad Butti Al Muhairbi, Secretary General, Dubai Supreme Council of Energy to its board.
The appointments follow last month’s announcement that the company will open more retail petrol stations following the federal government’s decision to remove fuel subsidies.
Shaikh Hamdan Bin Rashid Al Maktoum, Deputy Ruler of Dubai and UAE Minister of Finance, continues in his role as Chairman of the Board, according to the statement.
Hussain Hassan Mirza Al Sayegh, Deputy Chairman, Oilfields Supply Centre Ltd; Ahmad Sharaf, Chief Executive Officer of Dutco Energy and Chairman of the Dubai Mercantile Exchange and Abdul Rahman Al Awar, Director General, Federal Authority for Government Human Resources, also remain on the board.
Mohammad Al Ghurair, Chairman of Enoc’s Investment and Tender Committee, has stepped down from the board, according to Enoc’s public relations agency.
Staff Report
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