Sapura Energy Appoints Restructuring Strategist From PNB As Director

Sapura Energy Berhad has announced the appointment of Shahin Farouque Jammal Ahmad, as Non-Independent Non-Executive Director, effective 15 December 2023.

Shahin comes with over 20 years of investment banking experience and brings with him the knowledge and experience in corporate restructuring, investment banking and strategy which will be beneficial for the Company to build a robust debt restructuring and regularisation plan.

He is currently the Group Head, Strategic Investments of Permodalan Nasional Berhad. Prior to PNB, he was an Executive Director in the Investment Division of Khazanah Nasional Berhad, and sat on the boards of various creative and media companies within the Khazanah portfolio.

Sapura Energy Chairman Dato’ Mohammad Azlan Abdullah said, “We are extremely pleased that Shahin is coming onboard Sapura Energy. The Board, leadership team, and I look forward to leveraging his wisdom and experience to navigate the success of our debt restructuring plan and chart the course for the future of our business.

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