Petrofac Limited announced that Ayman Asfari has decided to retire as Group Chief Executive at the end of the year to focus on his family, health and charitable interests. Sami Iskander will join as Deputy Chief Executive on 1 November 2020 and, following a short transition period, will assume the role of Group Chief Executive from 1 January 2021, at which time he will also be appointed as an Executive Director to Petrofac's Board of Directors. On 1 January 2021, Ayman Asfari will be appointed as a Non-executive Director to Petrofac's Board of Directors, to provide stability and continuity. Sami Iskander is a senior executive with over 30 years' international experience in both oilfield services and E&P companies.