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Non-Executive BoDs to Nominate Kees van der Graaf

Aug 29 2013 12:00AM

Marketwire

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Cairo, Egypt -- (Marketwired) -- 08/29/13 -- Orascom Construction Inds, S.A.E. (LSE: ORSD)

The Non-Executive Board of Directors to Nominate Kees van der Graaf asMember of the Board of DirectorsOCI N.V. announced today that its Non-Executive Board of Directors willpropose to the next general meeting of shareholders the appointment ofMr. Kees van der Graaf as an independent non-executive member of theBoard of Directors of OCI N.V.Mr. van der Graaf (1950) is a Dutch citizen with more than 35 years ofglobal management and consulting experience. From 2004 to 2008, Mr.van der Graaf was a Member of Unilever's Board of Directors andExecutive Committee. Mr. van der Graaf is a member of the SupervisoryBoards of Carlsberg, EnPro Industries, Ben&Jerry's, GrandVision BV,MyLaps BV and the University of Twente. From 2008 until 2011 Mr. vander Graaf served as an Executive-in-Residence of IMD, theLausanne-based Business School, in Switzerland. Mr. van der Graaf hasacquired extensive international management experience through his manyyears in management positions in Unilever. He is the founder andpresident of the FSHD Foundation, which is raising funds to supportscientific research into this muscular dystrophy.Nassef Sawiris, Chief Executive Officer of OCI N.V. commented: "We arepleased about the nomination of Kees van der Graaf as an independentnon-executive member of our board of directors. His extensiveinternational experience and proven track record of achievements willadd 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 executivedirectors are Nassef Sawiris (Chief Executive Officer) and Salman Butt(Chief Financial Officer).OCI N.V. previously announced its intention to propose to the nextgeneral meeting of shareholders the appointment of Mr. Sipko Schat asan independent non-executive member of the Board of Directors of OCIN.V. Mr. Schat has 25 years of banking experience and was appointed asa member of the executive board of Rabobank Nederland in 2006.About OCI N.V.:OCI N.V. is a global nitrogen-based fertilizer producer and engineering&construction contractor based in the Netherlands. The FertilizerGroup owns and operates nitrogen fertilizer plants in the Netherlands,the United States, Egypt and Algeria and has an internationaldistribution platform spanning from the Americas to Asia. TheFertilizer Group ranks among the world's top fertilizer producers witha fertilizer production capacity of nearly 7 million metric tons. TheConstruction Group provides international engineering and constructionservices primarily on infrastructure, industrial and high-endcommercial projects in the United States, Europe, the Middle East,North Africa and Central Asia for public and private clients. TheConstruction Group ranks among the world's top global contractors. OCIN.V. employs more than 75,000 people in 35 countries around the globeand is listed on the NYSE Euronext in Amsterdam.For additional information contact:OCI Investor Relations Department:Omar DarwazahEmail: odarwazah@orascomci.co.ukErika WakidEmail: ewakid@orascomci.co.ukNiels MolewijkEmail: nmolewijk@orascomci.co.ukHassan BadrawiDirectorTel: +31 6 53 36 65 22For additional information on OCI N.V.:www.ocinv.nlOCI N.V. stock symbols: OCI / OCI.NA / OCI.AS / OCINYMijnweg 1,6167 AC Geleen,The Netherlands This information is provided by RNS The company news service from the London Stock ExchangeEND





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