Shane Drader appointed as Chief Financial Officer (CFO) of NOSTRUM OIL & GAS PLC from August 30

17.08.21 17:41
/KASE, August 17, 2021/ – NOSTRUM OIL & GAS PLC (United Kingdom), whose shares are officially listed on Kazakhstan Stock Exchange (KASE), has provided KASE with a press release dated August 17, 2021, which states the following: Nostrum Oil & Gas PLC (LSE: NOG) (“Nostrum”, or “the Company”), an independent oil and gas company engaging in the production, development and exploration of oil and gas in the pre-Caspian Basin, today announces the appointment of Shane Drader as Chief Financial Officer (CFO) effective 30 August 2021. Martin Cocker, who has been acting as Interim CFO, will step down from such role on the same date but will continue on the Board and be designated as an independent non-executive director and member of the Audit Committee, Nomination and Governance Committee, Remuneration Committee and Health, Safety, Environment and Communities Committee. Mr Drader is a chartered accountant with over 20 years of experience in strategic financial management, most recently serving as Managing Director, Head of IPO Office at JSC NC "KazMunayGas”. Mr Drader was also a member of the management board at KazMunaiGas Exploration and Production JSC where he also had the roles of Managing Director, Financial Controller and Acting CFO. Previous roles include as Financial Controller at Petromanas Energy in Canada, Audit Partner at Deloitte in Kazakhstan and head of internal audit and risk, Financial Controller and Finance Director with British American Tobacco in Uzbekistan, Serbia and Croatia. The full version of the press release is posted on KASE website at https://kase.kz/files/emitters/GB_NTRM/gb_ntrm_reliz_170821_eng_1.pdf. [2021-08-17]