SINO Australia Oil and Gas has appointed current non-executive director Guangbin Zhong to the position of chief executive officer.
Sino Australia said Mr Zhong was well qualified for the role having had more than 10 years oil and gas experience in Chinese industries, including Zhong Ao Chemical Co and Dong Xing Hao Yuan Petroleum Technologies Co.
He is currently the co-founder of Zhong Ao Chemical Co and was recently appointed chairman of the Remuneration and Nomination Committee and is a member of the Audit and Risk Committee.
Based in China, Mr Zhong will assume the role immediately.
“The company’s leadership has been enhanced to ensure the company’s profitable growth plans are achieved both in China and overseas,” Sino Australia said.
The appointment is part of building the boards expertise and pool of talent.
Mr Zhong’s fixed annual remuneration package is $180,000 per annum.