Arab Potash Co.’s (APC) board has appointed Dr. Maan Fahad Al Nsour as its new President and CEO, effective April 23. Al Nsour served as First Advisor for Business Development and Strategies of the company and Chairman of APC subsidiary Al Namira Mixed Salt Co. He also was a member of APC’s board of directors from August 2013 to 2017.
Al Nsour currently serves on the board of directors of APC subsidiaries or affiliates Fertilizers and Chemical Industries Co. (KEMAPCO),Jordan Bromine Co., and Jordan Industrial Ports Co. He is a member of the board of directors of the Jordan Chamber of Industry, representing the mining industry in Jordan after winning the council elections in 2018.
APC’s former president and CEO, Brent Heimann, a legacy Potash Corp. of Saskatchewan Inc. executive, held the position since 2014 after serving as the Jordanian company’s General Manager since 2013, an office he held previously from 2003-2007.
Saskatoon-based Nutrien Ltd. completed the sale of its minority equity investment – an approximate 28 percent holding – in APC to China’s state-owned SDIC Mining Investment Co. Ltd., Beijing, last October (GM Oct. 26, 2018). The sale of the holding was required by the Competition Commission of India and Ministry of Commerce in China in providing their clearance for the merger of PotashCorp. and Agrium Inc. to form Nutrien.