Irish oil producer Petroceltic has appointed chartered accountant Hugh Cawley as a non-executive director.
Cawley, who takes up his new post immediately, has been finance director of publicly listed project management firm Progility since March 2015.
He was previously group finance director of Office2office, prior to its sale in October 2014. His career history also includes spells in senior financial roles with Procter and Gamble and ICI. Cawleey will become a member of Petroceltic’s audit committee.
Chairman Robert Adair, said: “I am pleased to welcome Hugh as an independent non-executive director whose appointment will broaden the balance of skills and experience on the board”.
The move was the latest twist in a bitter row between the oil company and its primary investor Worldview Capital Management, which has published an open letter alleging the company had committed “fraud and corruption”.
Petroceltic sparked public backlash from Worldview after outlining plans to issue a $175million bond secured on its Ain Tsila gas field development in Algeria.