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Mr. Dewar is a Chartered Accountant from his time with Ernst & Young and holds a Bachelor of Arts honours degree in Accounting & Marketing from Strathclyde University in Scotland.
Ahmed Al Arbeed, Dana Gas Group Chief Executive Officer, welcomed Mr Dewar to the Group, saying:
"I am pleased to announce the appointment of James Dewar as Group CFO, effective October 1st 2009. Mr. Dewar joins us at an important time to add executive and financial leadership to support the further growth and development of Dana Gas. We are confident he will add significant value to the company, utilizing his extensive global business and finance experience in Upstream, Downstream, Petrochemicals and Trading for the benefit of Dana Gas shareholders, business partners and employees."
Speaking of the appointment Mr Dewar said, "I am delighted and honoured to be joining Dana Gas as Group CFO. I have watched the Company grow with interest since its inception and seen its phenomenal development over the past few years to become an increasingly successful energy company with interests across the MENASA Region. I look forward to working closely with Ahmed Al-Arbeed, the Board of Directors and the Dana Gas leadership team to contribute to the company's continued growth and success through long term value delivery to its shareholders."
Dana Gas recently announced its financial results for the second quarter of 2009, posting a net profit of Dhs392m and production figures of 3.19 million barrels of oil equivalent (MMboe) for the quarter.
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