Africa Oilfield Logistics has reported restructuring of its primary investment arm, Ardan Risk & Support Services, as it took on a new management team.
The company, which was set up in 2012 as an investment firm aimed at the logistics and support services in sub-Saharan Africa, appointed Lachlan Monro as its new chief operating officer; Barry Lobel as chief financial officer; and Brendan Scott as projects director.
Collectively, the three managers will bring in 42 years of experience across financial and support services in Africa and globally, the firm said.
Ardan’s restructuring also included cutting its operational divisions from six to three: internal procurement, logistics and support; as well as the appointment of a new regional operational management team comprising African-focused support service professionals.
“Excellent progress is being made in all areas of the business as we look to solidify our position as one of Africa’s leading and fastest growing natural resource focused support services companies,” said Carl Esprey, Africa Oilfield’s chief executive.
“The restructuring at Ardan has translated into increased activity and revenue generation, which we anticipate will be reflected in their next update expected shortly.
“Quality management are crucial in the execution of projects and I am delighted that we have secured both highly experienced professionals to head the business as well as new management who are already making a positive impact.
“With these positive changes and Ardan’s established international client base, the group is well positioned to take advantage of the rapidly increasing demand for support services in Africa.”
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