ENOC appoints new Group Chief Financial Officer

ENOC Group appointed Mohammad Sharaf, a UAE National, as the new Group Chief Financial Officer to lead the Group’s strategy and finance functions.

His Excellency Saif Humaid Al Falasi, Group CEO, ENOC, said: “Mohammad Sharaf’s diverse experience in corporate financing and strategic planning across telecommunications, energy and government sectors will be vital in executing our long-term growth strategy and ensuring we continue on the path of long-term financial sustainability.

“In 2018, ENOC will continue its focus on its strategic expansion programmes for the UAE and Saudi markets and Sharaf’s experience with local and regional markets will uphold the Group’s performance record and remain competitive in the long-term.”

A senior financial executive with more than 27 years of experience, in his previous roles Sharaf led the finance functions in Emirates Aluminium Company (EMAL), a company of Emirates Global Aluminium (EGA), and Thuraya, a USD1.3 billion satellite telecommunications company operating across Europe, Africa, Middle East, Asia and Australia. Earlier in his career, he served with Dubai Police’s finance affairs division.

Al Falasi added: “Sharaf’s appointment underlines our commitment towards promoting national talent and competence within our organisation and achieving 50 percent Emiratisation by 2020 – in line with Dubai Plan 2021.”