Trinidad Petroleum Holdings Limited (TPHL) Board of Directors wishes to advise that Ms. Lisa Ali will be leaving the TPHL Group to pursue a new career opportunity.
In a press release from TPHL, the company said Ms. Ali led the transition team that moved the loss-making integrated state-owned oil business Petroleum Company of Trinidad and Tobago (Petrotrin) to the newly established TPHL group, with its subsidiaries Heritage Petroleum Company Limited, Paria Fuel Trading Company Limited (Paria) and the Guaracara Refining Company Limited.
Ms. Ali also led the Paria organization to profitability, having functioned as its interim CEO since the Company’s inception in December 2018.
TPHL chairman Michael Quamina said: “I wish sincerely to thank Lisa for her selfless commitment, dedication, and assistance in ensuring that the State’s oil business has been positioned on a path to sustainable profitability. Lisa worked as a leading member of the team that managed an extremely complex transition, safely and without any harm to assets, while ensuring that the country continued to have a secure supply of fuel throughout the process. We wish her well in all her future endeavours.”
Ms. Ali’s last working day will be January 31, 2020. She will continue to work with the Group’s Boards and management teams to ensure a seamless transition across the group.