Change - Announcement of Appointment::Appointment of Chief Operating Officer and Deputy Chief Executive Officer - Mr Stoyan Radev Ialamov

Issuer & Securities

Issuer/ Manager
ATLANTIC NAVIGATION HOLDINGS (SINGAPORE) LIMITED
Securities
ATLANTIC NAVIGATION HLDG(S)LTD - SG2F00983534 - 5UL
Stapled Security
No

Announcement Details

Announcement Title
Change - Announcement of Appointment
Date &Time of Broadcast
23-Jun-2022 18:17:18
Status
New
Announcement Sub Title
Appointment of Chief Operating Officer and Deputy Chief Executive Officer - Mr Stoyan Radev Ialamov
Announcement Reference
SG220623OTHRY2SU
Submitted By (Co./ Ind. Name)
Wong Siew Cheong
Designation
Executive Director and Chief Executive Officer
Description (Please provide a detailed description of the event in the box below)
Announcement of Appointment of Chief Operating Officer and Deputy Chief Executive Officer (Mr Stoyan Radev Ialamov)

This announcement has been reviewed by the Company's sponsor ("Sponsor"), SAC Capital Private Limited. This announcement has not been examined or approved by the Singapore Exchange Securities Trading Limited ("SGX-ST") and the SGX-ST assumes no responsibility for the contents of this announcement, including the correctness of any of the statements or opinions made, or reports contained in this announcement.

The contact person for the Sponsor is Ms Lee Khai Yinn (Tel: (65) 6232 3210) at 1 Robinson Road, #21-00 AIA Tower, Singapore 048542.

Additional Details

Date Of Appointment
27/06/2022
Name Of Person
Stoyan Radev Ialamov
Age
55
Country Of Principal Residence
South Africa
The Board's comments on this appointment (including rationale, selection criteria, board diversity considerations, and the search and nomination process)
The appointment of Mr Stoyan Radev Ialamov as Chief Operating Officer and Deputy Chief Executive Officer of the Company, was duly reviewed by the Company's Nominating Committee and the Board of Directors (the "Board"). Having reviewed and considered the qualification and experience of Mr Stoyan Radev Ialamov, the Board is of the view that Mr Stoyan Radev Ialamov is able to discharge the duties and responsibilities of Chief Operating Officer and Deputy Chief Executive Officer. The Board approved his appointment as the Chief Operating Officer and Deputy Chief Executive Officer.
Whether appointment is executive, and if so, the area of responsibility
Executive. Mr Stoyan Radev Ialamov is responsible for the day-to-day operations of the Group and for assisting the Chief Executive Officer in setting and driving organizational vision, business growth, operational strategy and resource levels.
Job Title (e.g. Lead ID, AC Chairman, AC Member etc.)
Chief Operating Officer and Deputy Chief Executive Officer
Professional qualifications
Masters Degree in Maritime Studies, Marine Naval Academy Varna Bulgaria
Any relationship (including immediate family relationships) with any existing director, existing executive officer, the issuer and/ or substantial shareholder of the listed issuer or any of its principal subsidiaries
None
Conflict of interests (including any competing business)
Nil
Working experience and occupation(s) during the past 10 years
August 2021 - April 2022
General Manager of Marine Division of Mubarak Al Suwaiket and Sons Oil and Gas Services Co.

December 2019 - July 2021
Operations Director of Seafox DMCC (Middle East) / Marinia LLC (Qatar)

November 2018 - December 2019
Chief Operating Officer of Atlantic Navigation Holdings (Singapore) Limited

June 2010 - November 2018
Functions of Vessels, Fleet and Senior Manager as well as Deputy General Manager of Zakher Marine International Inc
Undertaking submitted to the listed issuer in the form of Appendix 7.7 (Listing Rule 704(7)) Or Appendix 7H (Catalist Rule 704(6))
Yes
Shareholding interest in the listed issuer and its subsidiaries?
No
# These fields are not applicable for announcements of appointments pursuant to Listing Rule 704 (9) or Catalist Rule 704 (8).
Past (for the last 5 years)
Nil
Present
Executive Director of International Marine Services
(a) Whether at any time during the last 10 years, an application or a petition under any bankruptcy law of any jurisdiction was filed against him or against a partnership of which he was a partner at the time when he was a partner or at any time within 2 years from the date he ceased to be a partner?
No
(b) Whether at any time during the last 10 years, an application or a petition under any law of any jurisdiction was filed against an entity (not being a partnership) of which he was a director or an equivalent person or a key executive, at the time when he was a director or an equivalent person or a key executive of that entity or at any time within 2 years from the date he ceased to be a director or an equivalent person or a key executive of that entity, for the winding up or dissolution of that entity or, where that entity is the trustee of a business trust, that business trust, on the ground of insolvency?
No
(c) Whether there is any unsatisfied judgment against him?
No
(d) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving fraud or dishonesty which is punishable with imprisonment, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such purpose?
No
(e) Whether he has ever been convicted of any offence, in Singapore or elsewhere, involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or has been the subject of any criminal proceedings (including any pending criminal proceedings of which he is aware) for such breach?
No
(f) Whether at any time during the last 10 years, judgment has been entered against him in any civil proceedings in Singapore or elsewhere involving a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, or a finding of fraud, misrepresentation or dishonesty on his part, or he has been the subject of any civil proceedings (including any pending civil proceedings of which he is aware) involving an allegation of fraud, misrepresentation or dishonesty on his part?
No
(g) Whether he has ever been convicted in Singapore or elsewhere of any offence in connection with the formation or management of any entity or business trust?
No
(h) Whether he has ever been disqualified from acting as a director or an equivalent person of any entity (including the trustee of a business trust), or from taking part directly or indirectly in the management of any entity or business trust?
No
(i) Whether he has ever been the subject of any order, judgment or ruling of any court, tribunal or governmental body, permanently or temporarily enjoining him from engaging in any type of business practice or activity?
No
(j) Whether he has ever, to his knowledge, been concerned with the management or conduct, in Singapore or elsewhere, of the affairs of :-
(i) any corporation which has been investigated for a breach of any law or regulatory requirement governing corporations in Singapore or elsewhere; or
No
(ii) any entity (not being a corporation) which has been investigated for a breach of any law or regulatory requirement governing such entities in Singapore or elsewhere; or
No
(iii) any business trust which has been investigated for a breach of any law or regulatory requirement governing business trusts in Singapore or elsewhere; or
No
(iv) any entity or business trust which has been investigated for a breach of any law or regulatory requirement that relates to the securities or futures industry in Singapore or elsewhere, in connection with any matter occurring or arising during that period when he was so concerned with the entity or business trust?
No
(k) Whether he has been the subject of any current or past investigation or disciplinary proceedings, or has been reprimanded or issued any warning, by the Monetary Authority of Singapore or any other regulatory authority, exchange, professional body or government agency, whether in Singapore or elsewhere?
No
Any prior experience as a director of an issuer listed on the Exchange?
No
If no, please state if the director has attended or will be attending training on the roles and responsibilities of a director of a listed issuer as prescribed by the Exchange
N/A