June 28 2013
OCI N.V. announced today that it will propose to the next general meeting of shareholders the appointment of Mr. Sipko Schat as an independent non-executive member of the Board of Directors of OCI N.V.
Mr. Schat (1960) is a Dutch citizen with 25 years of banking experience and was appointed as a member of the executive board of Rabobank Nederland in 2006. In addition to his board positions within Rabobank, Mr. Schat is a member of the board of Rabo Real Estate, Bank, J. Safra Sarasin Holding AG, Paris Orléans S.A., Euronext and VNO-NCW. Mr. Schat is Advisory Council Executive Master Business Valuation at the state University of Groningen.
Nassef Sawiris, Chief Executive Officer of OCI N.V. commented: “We are delighted to nominate Sipko Schat as an independent non-executive member of our board of directors. His extensive international experience, financial knowledge and understanding of the food & agri business will add relevant expertise to our board.”
The current Board of Directors of OCI N.V. consists of Michael Bennett, Arif Naqvi and Jan Ter Wisch as non-executive directors. The executive directors are Nassef Sawiris (CEO) and Salman Butt (CFO).