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Gulf Navigation appoints new chairman

Gulf Navigation appoints new chairman
The board also appointed Abdulla Subhi Atatreh as a vice chairman
Gulf Navigation
GULFNAV
0.33% 6.12 0.02

Dubai – Mubasher: The board of Gulf Navigation Holding (GNH) has approved to appoint Sheikh Theyab bin Tahnoon bin Mohammad Al Nahyan as a new chairman of the company.

The board also appointed Abdulla Subhi Atatreh as vice chairman, Rudrik Flikweert as the Group's chief financial officer (CFO), and three new members in the audit committee, according to the company's disclosure to the Dubai Financial Market (DFM) on Thursday.

It is noteworthy to mention that as of 31 March 2020, the company has logged accumulated losses of AED 463.121 million, equivalent to 45% of the company's capital.