Fortune Oil Names New CFO (China)

Fortune Oil announced the appointment of Mr. Bill Kwai Pui Mok as the new Chief Financial Officer of the Company effective from 1 November 2011.

Mr. Mok will be replacing Mr. Premal D. Shah who has decided to leave the Company to return to his family in Singapore.

Mr. Bill Mok has over 22 years of experience in accounting, finance and banking in Hong Kong and mainland China with specific expertise in managing day-to-day financial and accounting operations, fund raising, investor relations and executing the corporate strategy.

Prior to his appointment, Mr. Mok was President & Executive Director of Kosmopolito Hotels International Limited (KHI). In October 2010, Bill spearheaded KHI’s spin off from Far East Consortium International Limited (FEC) as a separately listed company in Hong Kong. Prior to his time at KHI, Mr. Mok was the Chief Financial Officer of FEC for over six years.

Mr. Tee Kiam Poon, Chief Executive of Fortune Oil, commented: “I am delighted that Bill will be joining the Company to assist in the execution of our growth strategy. Bill’s expertise and experience, both operational and market-facing, will add significant value to Fortune Oil during its current stage of development as the Company continues the expansion of its natural gas and resources capabilities.”

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Source: Fortune Oil, September 30, 2011