African energy firm Victoria Oil and Gas (VOG) has appointed a former Goldman Sachs executive director to its board.
James McBurney is joining VOG as a non-executive director. It is the latest director appointment for McBurney, who holds similar roles at Ruspetro and Sears Canada.
He has previously worked in a number of chief executive positions with financial advisory firms, most recently with gold producers White Tiger Gold.
McBurney’s varied career includes a wealth of senior positions. He previously headed the European Natural Resources investment banking group at Bank of America Securities in London from 2002 to 2005 and served as managing director with Merrill Lynch’s energy and power group in New York.
“We welcome James McBurney to the board as he brings extensive operational and corporate experience to VOG at a time when we are looking to make important steps forward developing our energy supply business in Cameroon,” said Kevin Foo, Victoria Oil and Gas chairman.
“As we bring online our first gensets at customer sites and begin building our electricity supply business in earnest it is important to secure individuals of the calibre of James to help us deliver real growth during 2014.
“We have the capital and expertise within VOG to realise our gas supply objectives.”