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GULF ENERGY MARITIME APPOINTS NEW BOARD DIRECTOR
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- IRM’S TAYYEB AL MULLA TAKES OVER FROM MIRZA AL SAYEGH
The Middle East’s largest independent commercial product tanker operator, Dubai-based Gulf Energy Maritime (GEM), has appointed Tayyeb Al Mulla of International Refining & Marketing (IRM), an affiliate of Dubai-based Emirates National Oil Company (ENOC), as a Director of the GEM Board.
Al Mulla takes over from Mirza Al Sayegh, who held the position for the past four years, and will now be a part of the GEM board which provides strategic input and direction to the US$ 1.3 billion energy transporter.
Al Sayegh also heads the investment affairs of the office of HH Sheikh Hamdan bin Rashid Al Maktoum, Deputy Ruler of Dubai and the UAE Minister of Finance and Industry, besides chairing several other governmental and privately owned enterprises.
With over 20 years experience in the petroleum industry, Al Mulla started his career with Abu Dhabi National Oil Company (ADNOC) in 1980, before moving to EPPCO (Emirates Petroleum Product Company) in Dubai, eventually assuming the position of Chief Executive of IRM at ENOC in 1992. Al Mulla is also director of the board of several companies within the ENOC Group.
As the new director of the board, Al Mulla will be involved in strategic decision making along with other board members which has long lasting impact on the company’s business plans. With GEM’s 810% growth in the last four years, Al Mulla will also be responsible for continuing the impressive progress that the company has witnessed since its inception.
“Tayyeb Al Mulla has had a long and fruitful history in the regional petroleum industry, and his appointment as director of the board at GEM will surely benefit the company’s growth strategy in the coming years,” said Ahmed Essa Hareb Al Falahi, CEO, GEM.
“Al Mulla’s experience will be paramount in making decisions that will impact the company’s future plans, in addition to providing proven industry advice that will help us increase our profit and grow our business.”
Al Mulla has a bachelor’s degree in business administration from the Valparaiso University, (Indiana), U.S.A. in May 1980.
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