Cemtrex Inc. has appointed a new independent director, Shamik Shah, effective May 12, 2015. Shamik will serve on the Board of Directors for a one year term. Shamik Shah is currently a Derivatives Trader with Chicago Trading Company specializing in Natural Gas futures and options.

He has vast experience in various trading strategies, energy markets, electronic trading, and market making. Prior to working with CTC, he worked for a fund of funds at Rothschild providing analytics, research, and due diligence in hedge funds across multiple strategies.