– CAYMAN ISLANDS, Grand Cayman – Zoltav Resources Inc (AIM:ZOL), the Russia-focused oil and gas exploration and production company, is pleased to announce the appointment, with immediate effect, of Lea Verny as non-executive chairman of the Company.

Ms Verny was appointed to the board of Zoltav as an independent non-executive director in December 2016 and has significant and high level corporate finance experience, with particular expertise in Russia.

Since 2008, Ms Verny has acted as an independent financial adviser on cross-border transactions. Prior to becoming an independent consultant, Ms Verny served as a private banker with Banque Pictet, Switzerland, where she was responsible for developing the bank’s activities in Russia, following a career of more than a decade with HSBC. From 2001 to 2007, Ms Verny was Head of Investment Banking for HSBC Bank plc in Moscow, during which time she advised on structured transactions for large Russian and CIS corporations including Lukoil, Rostelekom, Eastern Oil Company and Rosbank. Between 1997 and 2001, Ms Verny was a representative of HSBC Investment Bank plc in Russia, where she was responsible for establishing the bank’s presence in the country and developing opportunities specifically within the oil and gas sector. Ms Verny holds a Bachelor’s degree in Statistics and International Relations from the Hebrew University in Jerusalem as well as an MBA from INSEAD in France.

Ms Verny is replacing Marcus Rhodes as non-executive chairman, enabling Mr Rhodes to devote additional time to his other directorships. Zoltav will continue to benefit from Mr Rhodes’ counsel, both as an experienced director of major publicly-listed companies operating in Russia and the CIS and as a qualified chartered accountant and a member of the Institute of Accountants in England & Wales, as he will continue to serve as the Company’s senior independent director and chairman of the Audit Committee.

About Zoltav

Zoltav is an oil and gas exploration and production company focused on Russia.

For more information : http://www.zoltav.com

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