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BG Group appoints Stuart Fysh as Executive VP and Managing Director, Mediterranean Basin and Africa

Source: www.gulfoilandgas.com 11/3/2003, Location: Europe

BG Group today announced the appointment of Stuart Fysh as Executive Vice President and Managing Director, Mediterranean Basin and Africa. Stuart has been Vice President, BG Egypt, since June 2001, during which time he has overseen the development of the company's offshore exploration activities and the development of Egyptian LNG. Prior to this, he was based in Singapore, where he was in charge of BG's businesses in Thailand, Singapore and Malaysia.

Stuart's new executive responsibilities cover the management of BG's interests in Italy, Spain, Egypt and Tunisia. He took up his new position on 1 November 2003.

Speaking today, Chief Executive Frank Chapman said:

"We are delighted to welcome Stuart to the Group Executive. During his time in Egypt, he was responsible for driving one of BG's biggest success stories. This, coupled with his wide industry experience, will bring an energetic and valuable addition to the senior management team."

Stuart has a broad range of upstream and downstream experience. Before joining BG in 1998, he spent 17 years with the mining conglomerate BHP, where his various roles included commercial, business development, corporate planning and Research & Development. Stuart is an Australian citizen, and has lived in Australia, Pakistan, India, Singapore and Egypt.

Stuart's appointment follows the announcement of Martin Houston's assumption of the new role of Executive Vice President and Managing Director, North America, Caribbean and Global LNG. The geographical responsibilities now taken on by Stuart form the main constituent of Martin's former remit, then known as the Atlantic, Europe and Mediterranean Basin region. Pending Stuart's appointment, these areas have been managed on a temporary basis by Jon Wormley, Executive Vice President and Managing Director, North West Europe.


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