Gulf keystone names new chief executive officer

Gulf Keystone has hired the former regional head for BNP Paribas, Sami Zouari, as its next chief financial officer.

Gulf Keystone Petroleum Ltd Com Shs (DI)

143.60p

15:45 15/11/24

4.06%

5.60p

Oil & Gas Producers

8,043.72

15:45 15/11/24

1.32%

105.17

Zouari has been allotted 1.5m market-priced share options by the company at the price of 55p per share.

The firm’s chief executive John Gerstenlauer said: "We are delighted to welcome Sami Zouari to the board and to complete the management team.

“Alongside his strong financial and industry background, Sami brings substantial knowledge of the Middle East region, which is key to our operations and stakeholder relationships in the Kurdistan Region.”

As well as investment banking, Zouari has an extensive background in oil and gas after working as the Libyan commercial manager for Total. He also played a role in GKP’s convertible bond issues in 2012 and 2013.