Gulf Navigation Holding PJSC Appoints CFO

Friday, July 24, 2009

Gulf Navigation Holding PJSC (DFM: GULFNAV) has announced the appointment of Khalid Karim to the position of Chief Financial Officer  Khalid brings to Gulf Navigation over 30 years of experience in major oil & gas and shipping companies in senior finance roles. He joins the company as it enters a new phase in its substantial expansionary plan where he will assist the company in its continuing growth strategy.

A chartered accountant and Fellow of the Institute of Chartered Accountants in England & Wales- Khalid held the post of Group CFO at Emirates National Oil Company (ENOC) where he for over the last 10 years was directly involved in ENOC's shipping companies. He previously worked as chief internal auditor at Abu Dhabi National Oil Company (ADNOC), and as finance manger of Petromin Shell Refinery Company.

(www.gulfnav.com)

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