Sapura Energy Bhd said its group chief financial officer (CFO) Reza Abdul Rahim will be stepping down effective Oct 1, to pursue other opportunities.

Reza joined the group in 2012 as senior vice president of the offshore construction and subsea services division in 2012, and was subsequently appointed as group CFO in June 2016.

“Reza is an integral part of the Sapura Energy growth story. He helped to build the group into the global integrated energy services and solutions provider that we are today,” said Sapura Energy group chief executive officer Datuk Anuar Taib in a statement.

He said Reza played a pivotal role in enabling the group to gain assets and capabilities in engineering and construction, drilling and exploration and production.

Reza also spearheaded efforts to strengthen the group’s financial position, including the previous rights issue and the recent refinancing exercise, said Anuar.

Meanwhile, Sapura Energy said its vice president, group controller Andy Chew will serve as acting group CFO following Reza’s departure.

Sapura Energy’s share price closed unchanged at 11.5 sen, giving the group a market capitalisation of RM1.84 billion.