– UK, London – Victoria Oil & Gas Plc (AIM:VOG), the unique African gas utility, today announces the following Board changes to Executive Director appointments:
Grant Manheim, Deputy Chairman, retires from the Board with immediate effect.
Robert Palmer, has been part-time Finance Director of the Company since it listed on AIM in 2004. The Board feels that it is now time that with increased activities within the Group that a full time position is required. Robert is unable to take on this increased role given his commitments outside of VOG. He retires by rotation and will not be standing for re-election at the Company’s Annual General Meeting on 29 June 2016.
Andrew Diamond, the Company’s Financial Controller, has been appointed as Finance Director of the Company with effect from 30 June 2016.
Andrew Lee Diamond, aged 41
Andrew has been the Group’s Financial Controller since September 2015, having previously served as Financial Controller for Gabriel Resources Limited, a TSX listed resource company, from 2011 to 2015. Prior to 2011, Andrew served as Head of Group Reporting for Subsea 7 S.A., a subsea service provider to the oil and gas industry listed on the NASDAQ and Oslo Børs, and Financial Controller for Barloworld Holdings plc, a distributor for leading global brands, providing integrated rental, fleet management, product support and logistics solutions. Andrew qualified as a Charted Accountant at Deloitte in South Africa.
Kevin Foo, Executive Chairman, commented: “Grant and Robert were foundation members of the Board since the start of the Company 12 years ago and on behalf of the Board, I would like to thank them for their unfailing dedication and valuable contribution to building the excellent Company we have. Their departure is a natural evolution of a growing and maturing company.
Andrew has been an outstanding addition to the team since he joined us last year and I am delighted that he has accepted the role of full time Finance Director.”
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