India focussed, Australia headquartered Oilex (ASX:OEX, LON:OEX) has hired Jeffrey Auld as its new man in the City.
Auld, an experienced banker and oil company director, has been appointed as the group’s London based independent non-executive director.
Oilex says the appointment adds important skills to the Oilex board for the next stage in the group’s growth.
He brings a wealth of experience and knowledge of capital markets and upstream development financing strategies, the company added.
“The appointment of Jeffrey Auld as a director of Oilex Ltd is a key step towards further raising the company's profile in London and the AIM market,” said Max Cozijn, Oilex chairman.
“Having a director, experienced in the London Capital Markets and upstream industry, resident in the market, where a majority of our shareholders are based and shares are traded, will enhance the understanding and profile of Oilex.”
Auld’s CV boasts notable positions at Macquarie Capital, Canaccord Adams, and Goldman, Sachs & Co. He has been on the boards of companies such as Premier Oil, PetroKazakhstan, Equator Exploration, Lansdowne Oil & Gas and Sabalo Energy.
