Barka Water and Power Company SAOG announced that the Board of Directors of the Company has resolved below on 21 September 2022 through a resolution via circulation. Pursuant to the request from Mr. Kashif Rana to resign as a member of the Board of the Company due to personal reasons, it has been decided to accept his resignation with immediate effect. Pursuant to the request from Mr. Zeeshan Hyder to resign as a member of the Board of the Company due to personal reasons, it has been decided to accept his resignation with immediate effect.

Following the resignations of two directors, the Board has appointed Mr. Moayad Samman as a temporary director of the Company with immediate effect. Following the resignation of two directors, the Board has appointed Mr. Selim Guven as a temporary director of the Company with immediate effect. Mr. Moayad Samman is appointed as a member of the Nomination and Remuneration Committee.

Mr. Selim Guven is appointed as a member of the Nomination and Remuneration Committee. Mr. Selim Guven is appointed as a member of the Board Audit Committee. Mr. Samman completed his PhD in Industrial Engineering from Loughborough University, Loughborough, UK in 1995-2000.

He also completed his Master and Bachelor of Science in industrial engineering and civil engineering respectively from the University of Jordan. Mr. Samman is a senior industry professional having more than 30 years of experience. He has held Chairmanships, board memberships and other strategic level senior roles in various organizations and different fields of specializations.

Currently, Mr. Samman is serving as the CEO of ACWA Power Jordan Holding and he is also serving as Chairman and bord member of a few other ACWA Power projects outside of Oman. Mr. Selim Guven received his B.Sc. degree in Mechanical Engineering from Istanbul Technical University in1995 and MBA degree in Finance from Hofstra University, NY in 1997.

His particular areas of expertise are strategy development and execution, risk management, organizational transformation & governance. Mr. Guven started his career in waste-to-energy in United States and held various managerial positions in finance, marketing and business development. Mr. Guven is currently serving as a CEO and aboard member of ACWA Power various Turkish ventures.