Board/Management Information • Sep 6, 2017
Board/Management Information
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Amsterdam, The Netherlands / 6 September, 2017
OCI N.V. (Euronext: OCI) today announced the appointment of Hassan Badrawi as Group Chief Financial Officer (CFO), effective 1 October, 2017. Mr. Salman Butt is stepping down after serving 12 years as Group CFO and will remain as an advisor to OCI to ensure a smooth transition.
OCI N.V.'s Board of Directors will propose the appointment of Mr. Badrawi as a member of the Board of Directors to the next general meeting of shareholders to be held in June 2018.
Hassan Badrawi has served as Executive Vice President of OCI N.V. since 2016. Mr. Badrawi joined OCI in 2001 and has held various leadership positions, encompassing M&A, strategy, business development and investor relations. Mr. Badrawi has led the group's investment activities globally across multiple sectors including building materials, fertilizers, chemicals, infrastructure and construction. He has a degree in Economics and Political Science from Duke University, United States.
"I am pleased to welcome Hassan as OCI's new CFO," said Nassef Sawiris, Chief Executive Officer of OCI N.V. "Hassan has been a crucial member of the management team. His deep knowledge of OCI, combined with his business sense and proven track record, makes him the most suitable successor to Salman and will bring significant expertise to our board."
"I would like to thank Salman for his contributions and achievements during his longstanding tenure at OCI", continued Mr. Sawiris. His leadership as CFO, in addition to his role as a member of the Board of Directors, was invaluable during an important period of the company's growth."
OCI N.V. (Euronext: OCI) is a global producer and distributor of natural gas-based fertilizers & industrial chemicals based in the Netherlands. OCI produces nitrogen fertilizers, methanol and other natural gas based products, serving agricultural and industrial customers from the Americas to Asia. OCI is a leading global nitrogen fertilizer producer with over 9.6 million metric tons of capacity. OCI is also on track to become one of the world's largest methanol producers with almost 3.7 million tons of capacity. OCI is listed on Euronext in Amsterdam.
Hans Zayed Director Email: [email protected]
Tel: +31 (0) 6 18 251 367
For additional information on OCI:
OCI stock symbols: OCI / OCI.NA / OCI.AS / OCINY
Honthorststraat 19 1071 DC Amsterdam The Netherlands
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