Petro Matad appoints new director
Petro Matad (LON:MATD) today announced that Ms Amarzul (Amaraa) Tuul has been promoted to the board of directors.
Ms Armazul has worked for Petro Matad since the group was formed in 2006. During that time, she has overseen and managed the group’s operations in Mongolia, including the process of apply for and signing production sharing contracts.
"In addition to the recent announced board changes, it gives me great pleasure to welcome Amaraa, a young and talented Mongolian to the company's board of directors,” said chief executive Douglas McGay.
“The appointment strengthens executive and management representation on the Board.
“Through her role as the executive director of Petro Matad's operating subsidiaries, Ms. Amarzul has earned the respect of both her colleagues and Petro Matad's stakeholders.
“I believe her business acumen, management insights, local knowledge and experience will contribute greatly to the board's decision-making processes."
Ms Armazul has worked for Petro Matad since the group was formed in 2006. During that time, she has overseen and managed the group’s operations in Mongolia, including the process of apply for and signing production sharing contracts.
"In addition to the recent announced board changes, it gives me great pleasure to welcome Amaraa, a young and talented Mongolian to the company's board of directors,” said chief executive Douglas McGay.
“The appointment strengthens executive and management representation on the Board.
“Through her role as the executive director of Petro Matad's operating subsidiaries, Ms. Amarzul has earned the respect of both her colleagues and Petro Matad's stakeholders.
“I believe her business acumen, management insights, local knowledge and experience will contribute greatly to the board's decision-making processes."
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