LONDON - Global Petroleum Limited has announced the appointment of Azib Khan as its new Executive Director and Chief Commercial Officer (CCO), effective immediately. Khan, who previously served as a Non-Executive Director at the company, has played a significant role in advancing key projects, including the Juno Project and the potential farm-out on the PEL94 front.
Khan is known for his extensive experience in the Australian financial markets and his insights have been featured in notable publications such as the Australian Financial Review and Bloomberg. His focus on shareholder value is expected to continue as he takes on his new role, aiming to drive strategic initiatives and deliver disciplined growth for Global Petroleum.
The company's CFO, Hamza Choudhry, expressed confidence in Khan's abilities to contribute to the company's growth plans, highlighting his commercial acumen and understanding of the financial sector. Choudhry also noted Khan's commitment to the company's projects, which is evident from his transition to a full-time executive role.
In his statement, Khan shared his enthusiasm for his new responsibilities and the opportunity to work on Global's projects, including collaboration with the JV partner Callum Baxter (NYSE:BAX) on the Juno project and with the potential partner on the oil and gas exploration license in Namibia. He emphasized his aim to leverage his skills and experience to create significant shareholder value.
Global Petroleum's leadership team believes that Khan's appointment aligns with the company's strategy to maximize shareholder value and strengthen its executive team as it pursues its strategic priorities.
The information for this article is based on a press release statement.
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