6th Jan 2020 11:24
(Alliance News) - Lekoil Ltd on Monday said it has hired Mark Simmonds and Tony Hawkins as non-executive directors with immediate effect, as interim Chief Financial Officer Greg Eckersley and Non-Executive Director John van der Welle step down from their board roles.
Simmonds previously served as the UK's Foreign & Commonwealth Office Minister. He was also a member of the UK Parliament as well as a senior adviser to former prime minister David Cameron.
Hawkins is currently chief executive at oil & gas exploration company Columbus Energy Resources PLC having previously been Legal and M&A Director there. He also previously served as General Counsel & Head of Commercial for oil & gas firm Sterling Energy PLC.
Eckersly, who was appointed interim chief financial officer in May 2019, will be stepping down from his role as non-executive director upon completion of his term in the finance role. Lekoil said the process to appoint a new chief financial officer is ongoing.
Non-Executive Director John van der Welle will be stepping down from the board with immediate effect and Non-Executive Director Hezekiah Adesola Oyinlola will take over his role as chair of the audit Committee upon his departure.
Lekoil Chair Samuel Adegboyega commented: "I would also like to welcome Mark and Tony to the Board and thank both Greg and John for their significant contribution. I know I speak on behalf of the full board when I say that we will miss their contribution to the board function, and we wish them all the best in their future endeavors."
Shares in Lagos-based Lekoil were trading 14% higher at 10.78 pence on Monday morning in London.
By Ife Taiwo; [email protected]
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