Tullow Oil plc has appointed Jonathan Swinney as Chief Financial Officer (CFO) and an Executive Director of the firm.
Jonathan is currently CFO of EnQuest PLC and will join Tullow later this year, a statement issued by Tullow said.
The London-listed oil-and-gas company said Richard Miller, who is currently the Group Financial Controller, will act as interim CFO until Jonathan arrives at Tullow.
Jonathan brings extensive oil & gas and capital markets experience to Tullow having served as EnQuest’s founding CFO since 2010. In this period, EnQuest has developed its business in the UK and in Malaysia and undertaken a number of asset acquisitions and major capital markets transactions. Jonathan is a chartered accountant and a qualified solicitor.
He joined Petrofac as the head of Mergers and Acquisitions in 2008 before joining EnQuest and previous to that worked in investment banking.
Phuthuma Nhleko, Chairman of Tullow Oil plc, commented today: “I am delighted to welcome Jonathan Swinney to Tullow. Jonathan has a proven track record in the oil & gas sector of working in complex operating environments and driving capital discipline and efficiency. He has the right mix of sector and corporate finance experience that Tullow needs and I am looking forward to working with Jonathan and Rahul as we build Tullow as a leader in the African oil & gas sector. I would also like to thank Les Wood, who is stepping down from the Board at the end of this month, for all his hard work and dedication to Tullow over the past five years as CFO.”
EnQuest said separately Thursday that Mr. Swinney will step down from his role at the company at a date to be determined in due course, and that Salman Malik would assume the CFO role upon the departure of Mr. Swinney.
Source: https://energynewsafrica.com
