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3 Apr 2014 15:08
Afren plc (AFR LN)
Board Appointment
London, 3 April 2014
Afren plc ("Afren" or the "Company") announces the appointment of Mr Iain McLaren as a Non-executive Director of the Company. He will join the Audit and Risk Committee, and eventually become its Chairman.
A chartered accountant, Mr McLaren has over forty years' experience working in international financial markets, accounting and auditing as well as the oil and gas industry. He currently serves as a Non-executive Director of Cairn Energy Plc, Chairman of Investors Capital Trust Plc, Non-executive Director of Baillie Gifford Shin Nippon Plc, Edinburgh Dragon Plc, Ecofin Water & Power Opportunities Plc and Mitra Energy Limited.
Mr McLaren is a past President of the Institute of Chartered Accountants of Scotland and has a BA in Accountancy & Finance from Heriot-Watt University. He also serves as Governor of St Columba's Hospice and Deputy Chair of Court of Heriot-Watt University.
The Company confirms that there are no disclosures required under paragraphs 9.6.13 (2) to (6) of the Listing Rules of the UK Listing Authority.
Egbert Imomoh, Chairman of Afren, commented:
"On behalf of the Directors of Afren, I am delighted to welcome Iain McLaren to the Board. Mr McLaren brings extensive financial accounting and capital markets experience having held senior leadership positions in both the finance and energy sectors. His experience will be particularly valuable as Afren embarks on its next phase of growth and I look forward to working with him."
For further information contact: | ||
Bell Pottinger | +44 20 7861 3232 | |
James Henderson | ||
Mark Antelme | ||
Notes to Editors
Afren is an independent upstream oil and gas exploration and production company listed on the main market of the London Stock Exchange and a constituent of the Financial Times Stock Exchange Index of the leading 250 UK listed companies. Afren has a portfolio of assets spanning the full cycle E&P value chain. Afren is currently producing from its assets in Nigeria and the Kurdistan region of Iraq and holds further exploration interests in Ghana, Nigeria, Côte d'Ivoire, the Kurdistan region of Iraq, Congo Brazzaville, Kenya, Ethiopia, Madagascar, Seychelles, Tanzania and South Africa. For more information please refer to www.afren.com.
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