Business
Appointment of CFO
Appointment of CFO.
About this update from Fenikso Ltd
[{"type":"text","content":"\n \nRNS Number : 2475X Lekoil Limited 20 February 2017 \n\n 20 February 2017\n \nLekoil Limited\n(\"LEKOIL\" or the \"Company\")\n \nAppointment of Chief Financial Officer \n \nLEKOIL (AIM: LEK), the oil and gas exploration and production company with a focus on Nigeria and West Africa, is pleased to announce the appointment to the Company and Board of Directors of Bruce Burrows as Chief Financial Officer (\"CFO\") with effect from 27th February 2017.\n \nMr Burrows brings a wealth of experience in the oil and gas sector, much of it in Nigeria. For the past six years, Mr Burrows has been the CFO of Seven Energy, a private integrated gas company in south east Nigeria, with upstream oil and gas interests in the region. Prior to Seven Energy, Bruce was for 14 years Finance Director of JKX Oil & Gas PLC, the London listed exploration and production Company with interests in Ukraine and central and Eastern Europe.\n \nAt Seven Energy, Mr Burrows participated in key decisions and strategic initiatives as well as being responsible for the finance functions and performance across the business. He was centrally involved in debt and equity capital raises during a growth phase of the company. Mr. Burrows established and maintained productive, proactive and effective relationships with investors and banks in the UK, Nigeria and internationally.\n \nMr Burrows is a member of the Institute of Chartered Accountants of Australia & New Zealand and initially held various positions at Ernst & Young in both Wellington and London. He holds a BSc Honours degree from Canterbury University, a Diploma in Accounting from Victoria University.\n \nCommenting on the appointment, Samuel Adegboyega, Chairman of Lekoil, said:\n\"We are delighted to welcome Bruce to LEKOIL. His experience working in Nigeria, his knowledge of the investment and banking communities and his experience at a producing company will be invaluable to us as we embark on the next chapter in LEKOIL's development. \"\n \n \nThe following additional information is provided in accordance with paragraph (g) of Schedule Two of the AIM Rules for Companies in relation to the appointment of Bruce Burrows:\n \nBruce Burrows (aged 58)\n \n\n\n\n\nCurrent Directorships / Partnerships\n\n\nPast Directorships / Partner...