Petro Matad Ltd (MATD)

 

Amarzul Tuul at Petro Matad to step down from the Board

Petro Matad announced that executive director Ms Amarzul Tuul decided, for personal reasons, to step down from the company's Board with immediate effect.

However, Petro Matad is pleased to announce that Ms Tuul will continue to work for the company as a consultant, providing her valuable input and assistance on the Government and Community Relations strategy, and will remain the group appointed representative at the Mongolian Petroleum Exploration and Production Association.

Chairperson Enkhmaa Davaanyam said: "I would like to thank Ms Tuul for her valuable support and insight which she has provided to the Board and business over the years and I am glad that she has agreed to continue this work on a consultancy basis."