logo
Plus   Neg
Share
Email

Petrofac Names Sami Iskander CEO Designate, To Succeed Ayman Asfari - Quick Facts

Petrofac Limited (POFCF.PK,PFC.L) announced Monday the appointment of Sami Iskander as Deputy Chief Executive on November 1. Following a short transition period, he will assume the role of Group Chief Executive from January 1, 2021, at which time he will also be appointed as an Executive Director to Petrofac's Board of Directors.

Iskander succeeds Ayman Asfari, co-founder, who has decided to retire as Group Chief Executive at the end of the year to focus on his family, health and charitable interests.

On January 1, Asfari will be appointed as a Non-executive Director to Petrofac's Board of Directors, to provide stability and continuity.

Asfari has been in the industry for nearly 40 years, and with the company for 30 years.

Iskander is a senior executive with over 30 years' international experience in both oilfield services and E&P companies. He was appointed Executive Vice President for Shell's Upstream Joint Ventures business in February 2016 until 2019.

From 2008 and prior to joining Shell in 2016, he worked in BG Group where he held the position of Chief Operating Officer from November 2013.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Santa Cruz Bicycles LLC has recalled certain model year 2020 bicycles with aluminum frames citing fall risks, according to the U.S. Consumer Product Safety Commission. The recall involves about 2,900 units of model year 2020 Auminum Santa Cruz and Juliana Bicycles. In addition, about 216 were sold in Canada. AstraZeneca is mulling an additional global trial to confirm the 90% efficacy rate of its Covid-19 vaccine candidate at lower dosage, Bloomberg news quoted Chief Executive Officer Pascal Soriot as saying. In an interview, Soriot noted that instead of adding the trial to an ongoing U.S. process, the company might launch a fresh study to evaluate efficacy of lower dosage of its vaccine that perform U.S. airline Delta Air Lines, Inc. and its Italian codeshare partner Alitalia are planning to launch quarantine-free, COVID-free flights between U.S. and Europe through new testing protocols, starting in December. In a statement, Delta said it has signed deals with airports and governments eliminating quarantine requirements on COVID-tested flights connecting Atlanta and Rome.
RELATED NEWS
Follow RTT