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Encorium Re-Appoints Dr. Kai Lindevall as Chief Executive Officer and Appoints Current Director, Shahab Fatheazam, Chairman of the Board
Date:1/14/2010

BERWYN, Pa., Jan. 14 /PRNewswire-FirstCall/ -- Encorium Group, Inc. (Nasdaq: ENCO), a full service multinational clinical research organization (CRO) conducting studies in over 30 countries for many of the world's leading pharmaceutical and biotechnology companies, today announced that it has re-appointed Dr. Kai Lindevall as Chief Executive Officer.  In addition, the Board of Directors has appointed Shahab Fatheazam, a current director of the Company, as Chairman of the Board of Directors.  

Dr. Lindevall had previously served as Executive Chairman and President of Europe and Asia from July 2009 until present, Chief Executive Officer of the Company from February 2008 until September 2008 and as President, Europe and Asian Operations from November 2006 until February 2008.  

Mr. Fatheazam most recently served as Managing Director and head of the U.S. healthcare practice of GCA Savvian, a leading international investment banking advisory firm.  Mr. Fatheazam joined GCA Savvian in 2004 from Vector Securities, a premier healthcare specialty firm, where he was a partner.  Prior to helping to form Vector Securities, he was co-head of Paine Webber's Lifescience Division.  He began his career on Wall Street with Kidder, Peabody & Co, where, in 1980, he became a partner and senior executive in Kidder's international corporate finance unit.  Mr. Fatheazam holds a BA and MA from Cambridge University in

SOURCE Encorium Group, Inc.
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