Business | Oil & Gas
ENOC appoints new Chief Financial Officer
Emirates National Oil Company (ENOC), the Dubai Government-owned diversified Energy Group, announced the appointment of Petri Pentti as Group Chief Financial Officer as part of bringing in world-class expertise and talent to lead the company's ongoing growth and expansion.
- Staff Report
- Published: 15:44 November 3, 2008
Dubai: Emirates National Oil Company (ENOC), the Dubai Government-owned diversified Energy Group, announced the appointment of Petri Pentti as Group Chief Financial Officer as part of bringing in world-class expertise and talent to lead the company's ongoing growth and expansion.
An accomplished professional, Pentti has over 22 years of experience spanning the energy, aviation and metal industry sectors. He moves to ENOC from Neste Oil Corporation, the State of Finland majority owned refining and marketing company focusing on renewable and clean traffic fuels.
As Chief Financial Officer, Pentti played a major role in setting up Neste Oil through an IPO and was part of the Neste Oil team that set up the world's first second-generation bio diesel refinery. He holds a Masters Degree in Economics and Business Administration and started his career at the Finnish metal industry group, Wartsila Limited.
Prior to joining Neste Oil, Pentti was Senior Vice President and Chief Financial Officer of the Finnish flag carrier Finnair OYJ. He played a key role in the restructuring of the aviation company and opened new business streams through the establishment of Finnair Aircraft Finance Limited group. Pentti was also a member of the financial committee of the International Air Transport Association (IATA).
Saeed Abdullah Khoory, ENOC Group Chief Executive said that the appointment of Pentti will bring a new direction and dynamism to the overall financial activities of ENOC.
Business Editor's choice
-
Do unemployment figures flatter to deceive?
Jobseekers and recruiters give out mixed signals ranging from optimism to downright despair even as official data show recovery
-
Banks can increase their share
Longer opening hours, more locations outside cities and lower charges can help
-
Geepas idea blossomed in Dubai
The journey led from a small shop in Bahrain to a $1.27b company in the UAE
