UAE’s Adnoc L&S, a unit of state-owned energy giant Adnoc, has appointed Hugh Baker as its new chief finance officer, effective January 5, 2026.
Baker replaces Rahoof Khaleel Rahman, who serves as acting CFO since the departure of Nicholas Gleeson in September 2025.
Adnoc L&S said in a statement that Baker is an experienced financial professional with an extensive career in maritime finance and capital markets.
He brings over three decades of expertise in corporate and asset finance, investor relations, mergers and acquisitions, and public company governance.
Baker joins Adnoc L&S from Ellsworth Maritime, where he served as principal, providing debt advisory services to global shipping companies and representing DekaBank Girozentrale for North American maritime lending.
Before that, Baker spent ten years as CFO of Eneti, a NYSE-listed company.
Last month, Adnoc L&S took delivery of another 175,000-cbm LNG carrier from China’s Jiangnan Shipyard.
Al Sadaf is the fourth of six LNG carriers Adnoc L&S ordered during 2022 from Jiangnan.
Adnoc L&S’s existing fleet of Moss-type, steam turbine LNG carriers serves its terminal on Das Island.
In 2024, the company also ordered eight LNG carriers from South Korean shipbuilders Samsung Heavy Industries and Hanwha Ocean.
