DAVID TILSTON has stepped aside as interim finance director of Innovia Group, with Omar Shafi Khan filling the role.
Tilston, who has worked with Innovia for three years during a period where it sold its Bridgwater site, integrated its security division, and launched a €342m (£250m) bond, leaves the interim CFO position from 31 March.
Shafi Khan, named group CFO of the packaging company, has spent 16 years in a number of senior strategic and finance roles with Royal Dutch Shell. Prior to serving with the oil company, he worked with ABN AMRO in Asia, mainly in corporate finance. He joins Innovia on 20 April.
Innovia group CEO Mark Robertshaw said: “I am delighted to welcome Omar to the Innovia Group. He has worked extensively across many geographies and cultures, has deep experience in global petrochemicals and B2B business along with strong financial and strategic skills. I look forward to the contributions he will make to the business as we continue to focus on developing differentiated, high value-added polymer solutions for our customers around the world.
He thanked Tilston for his “significant contribution” to the group. “…We wish him all the very best for the future,” Robertshaw added.