For Immediate Release
Date: 07/09/2021
The Lebanese Oil and Gas Initiative (LOGI) announces changes to its board.
Georges Sassine stepped down from his role as LOGI's President as he takes on new responsibilities to build the renewable energy infrastructure for the State of New York.
New additions to the board, effective immediately, include Sibylle Rizk and Carol Ayat.
Georges Sassine says: "I could not be more excited for the future of LOGI under the leadership of Carol, Sibylle, and Amer. Lebanon is going through a pivotal transition, and organizations like LOGI can play an essential role in shaping the country's trajectory. The addition of Carol and Sibylle to our board will bring unparalleled expertise to help us launch new sub-initiatives focused on reforming Lebanon's electricity sector. In addition to the important work we are doing in monitoring Lebanon's oil and gas sector, LOGI also has to evolve and adapt to the country's changing priorities. As the LOGI team explores the best way to maximize their impact, they will continue to leverage their unique approach to raising awareness and advocating for transparency and anti-corruption."
Sibylle Rizk is Director of public policies for Kulluna Irada, a civic organization founded and exclusively funded by Lebanese from the diaspora and/or residents of Lebanon. Created in 2017, this influential group is very active in the public debate and has positioned itself on the global questions of political governance and on the key issues of the economic and financial crisis, electricity, justice, etc. A graduate of the Paris Institute of Political Studies (Science Po) and of the CFJ in Paris (Journalists' Training Center), she has been the correspondent in Beirut since 2000 for the French daily Le Figaro. She was editor-in-chief of Commerce du Levant, the only Lebanese economic magazine in French. Sibylle is a co-founder and board member of Aldic, the Lebanese Association for Taxpayers' Rights and Information, and was a board member of Sakker el Dekkene, an NGO dedicated to the fight against corruption.
Carol Ayat is an investment banker and Energy Finance professional. She founded and currently heads the Energy Finance Department at Bank Audi, whose mission is to fund private sector energy projects in the bank’s countries of operations. In Lebanon, the Department’s work includes action-oriented policy research on matters related to electricity sector reform, strengthening the role of the private sector and identifying viable pathways to accelerate Lebanon’s transition to a sustainable energy future.Before returning to Lebanon, Carol worked with Goldman Sachs in New York, London and Dubai in the financing group where she closed transactions in excess of $24 billion in infrastructure, industrial sector and structured finance.Carol holds a Masters degree in Financial Economics and a Bachelor’s degree in Economics from the American University of Beirut. She is also a Chartered Financial Analyst (CFA) charterholder.
To learn more about LOGI's executive board and advisory board members, visit our website on the following link: https://logi-lebanon.org/about
We are looking forward to the great future we have with the new executive board and we hope to be able to make an impact for a better Lebanon.