New Finance Director appointed to EQTEC Board

15 July 2021
EQTEC plc, the world’s leading experts in gasification for waste-to-energy, is delighted to announce that it has appointed Nauman Babar as Finance Director.
Nauman will lead and evolve the Group’s finance function and capabilities, focusing on improved financial management and management information, oversee the creation of Group reporting, project and commercial financing as well as manage some of the key external relationships with strategic financial partners, advisers and shareholders.

David Palumbo, CEO, commented: “I’m very pleased to welcome Nauman Babar to the EQTEC team and Board of Directors. With nearly 20 years’ of experience as a finance professional and leader, he brings international expertise gained predominantly within the Energy and Utilities sector from his time at PwC, Accenture, EY, Mott Macdonald and other organisations. I know Nauman will bring an increased breadth and depth of financial capabilities, including his experience in managing stakeholders in private equity-backed companies, to our Group as we further establish a solid, sustainable platform for growth and profitability.”

Nauman is a senior Finance professional who has extensive international experience within corporate finance, audit and finance function transformation with a track record of scaling up growth companies and working in private equity-backed businesses. He has predominantly worked within the Energy & Utilities space with a focus on renewables and cleantech. Nauman initially worked with international accountants, PwC and has gained experience with Accenture, EY and Mott Macdonald. He most recently served as Finance Director at Woodlands Energy Services.

Nauman is a member of the Institute of Chartered Accountants in England & Wales and holds a bachelor’s degree in Finance from the University of Essex.