– UK, Edinburgh – Bowleven, the Africa focused oil and gas exploration group traded on AIM, announces changes to the Bowleven plc Board following the recent completion of the Etinde farm-out transaction and associated transfer of operatorship in March 2015.
Chief Tabetando (Chairman of Euroil Ltd) and Peter Wilson (General Counsel) will both step down from the Bowleven plc Board with effect from today.
The Company has also appointed John Martin as a Non-Executive Director with effect from today. John has more than 30 years’ experience in international banking in the oil & gas industry and until recently was a Senior Managing Director in the Oil & Gas group at Standard Chartered Bank. Prior to joining Standard Chartered in 2007, John worked for ABN Amro for 26 years, specialising in the Oil & Gas sector. He is currently a Non-Executive Director and Chairman of the Audit Committee of Total E&P UK Limited and is also Senior Vice President of the World Petroleum Council. John will join the Company’s audit, nomination and remuneration committees.
Ronnie Hanna, Chairman of Bowleven plc, said: “I would like to thank both Chief Tabetando and Peter for their significant contributions to the Bowleven Board over a period that spans many years. We are also pleased that Chief Tabetando has agreed to continue to support the Group’s operations in Cameroon and that Peter will continue as General Counsel.
We are also delighted to have the benefit of John’s wealth of experience on the Bowleven Board at this exciting time in the Company’s development.
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