Malaysian producer and offshore contractor Sapura Energy is losing its chief financial officer after five years in the position.
Sapura on Tuesday confirmed that Reza Abdul Rahim would step down on 1 October to pursue other opportunities.
“Reza is an integral part of the Sapura Energy growth story,” said Sapura Energy chief executive Anuar Taib.
“He helped to build the group into the global integrated energy services and solutions provider that we are today.”
Reza nine years ago joined Sapura as senior vice president of the offshore construction and subsea services division and was appointed group chief financial offficer in June 2016.
Sapura said he played a pivotal role in enabling the company to gain assets and capabilities in engineering and construction, drilling, and exploration and production.
He was instrumental in creating several strategic partnerships for the group, including Sapura Navegacao Maritima and SapuraOMV Upstream, the company’s 50:50 E&P joint venture with OMV of Austria.
Reza also led efforts to strengthen the Sapura’s financial position, including the previous rights issue and the recent refinancing exercise.
“On behalf of the group, I would like to thank Reza for his professional leadership and commitment, putting us on better footing to embrace the energy transition,” added Anuar.
“We wish him well in his future endeavours.”
Andy Chew, who is currently vice president, group controller will transition into the role of acting group chief financial officer following Reza’s departure.