Oil and gas exploration firm Northern Petroleum has appointed Iain Lanaghan as its non-executive director.
Lanaghan has moved to the low-risk exploration firm from the finance director position at Aberdeen-based Faroe Petroleum, which he held since 2009.
He had previously worked as group finance director at Aberdeen’s FirstGroup, oilfield services business Atlantic Power Group and as a chief financial officer at a German public transport company, Abellio.
He is also the founder and non-executive chairman of a European transport equity company, Metropolitan European Transport (MET).
“We are pleased to have Iain join us as non-executive director,” said Keith Bush, chief executive of Northern Petroleum.
“Iain has great expertise in the financial aspects of growing an E&P (exploration and production) business and will bring a wealth of experience in the interaction with the equity and debt markets.
“He is well respected within the E&P industry and the investment community and we believe his skill set will complement the board very well.”
The appointment completed Northern’s board restructuring, which now comprises of three executive and three non-executive directors.
Recommended for you
