Enbridge Appoints New Director to its Board

Rhea-AI Summary

Enbridge Inc. has appointed Mayank (Mike) Ashar to its Board of Directors, bringing over 30 years of energy industry experience. Previously, Ashar held key positions at Cairn Energy India Ltd. and Irving Oil Ltd., and currently serves as a director at Teck Resources Ltd.. The Board believes Ashar's extensive background will enhance its governance and strategic direction. Enbridge, a leader in North American energy infrastructure, manages substantial pipeline and storage operations, delivering critical energy sources across the continent.

Positive

• Appointment of Mayank Ashar adds over 30 years of industry experience to the Board.
• Ashar's previous roles in leading energy companies may strengthen strategic insights.

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• None.

CALGARY, AB, July 29, 2021 /PRNewswire/ - Enbridge Inc. (TSX: ENB) (NYSE: ENB) is pleased to announce that its Board of Directors has appointed Mayank (Mike) Ashar as a director of Enbridge.

Mr. Ashar has more than 30 years of energy industry experience.  Most recently, Mr. Ashar was Executive Director, Managing Director and Chief Executive Officer of Cairn Energy India Ltd. Prior thereto, he served as President of Irving Oil Ltd.  Mr. Ashar is currently a director of Teck Resources Ltd.

"On behalf of the Board of Directors of Enbridge, we are very pleased to welcome Mike to the Enbridge Board. His extensive industry experience will be a strong addition to our Board," stated Greg Ebel, the Chair of the Board of Directors of Enbridge.

About Enbridge Inc.

Enbridge Inc. is a leading North American energy infrastructure company. We safely and reliably deliver the energy people need and want to fuel quality of life. Our core businesses include Liquids Pipelines, which transports approximately 25 percent of the crude oil produced in North America; Gas Transmission and Midstream, which transports approximately 20 percent of the natural gas consumed in the U.S.; Gas Distribution and Storage, which serves approximately 3.8 million retail customers in Ontario and Quebec; and Renewable Power Generation, which generates approximately 1,763 MW of net renewable power in North America and Europe. The Company's common shares trade on the Toronto and New York stock exchanges under the symbol ENB. For more information, visit www.enbridge.com.

FOR FURTHER INFORMATION PLEASE CONTACT:

Media
Toll Free: (888) 992-0997
Email: media@enbridge.com

Investment Community
Toll Free: (800) 481-2804
Email: investor.relations@enbridge.com

View original content:https://www.prnewswire.com/news-releases/enbridge-appoints-new-director-to-its-board-301343856.html

SOURCE Enbridge Inc.

FAQ

Who has been appointed as the new director at Enbridge?

Mayank (Mike) Ashar has been appointed as a new director at Enbridge.

What experience does Mayank Ashar bring to Enbridge?

Mayank Ashar brings over 30 years of experience in the energy industry, having served as CEO of Cairn Energy India Ltd. and President of Irving Oil Ltd.

What is the significance of the new appointment for Enbridge?

The appointment is significant as it adds extensive industry expertise to the Board, which may enhance decision-making and governance.

When was the appointment of Mayank Ashar announced?

The appointment was announced on July 29, 2021.

What are the core businesses of Enbridge?

Enbridge's core businesses include Liquids Pipelines, Gas Transmission and Midstream, Gas Distribution and Storage, and Renewable Power Generation.