Tidal power generator Atlantis Resources has appointed Simon Counsell as chief financial officer following the resignation of Duncan Black.
Black will step down on Friday, due to the intended relocation of the corporate headquarters, including the finance and administration function, to Scotland from Singapore. He will will remain on the board as a non-executive director.
Counsell will join on November 15. He is currently UK and Netherlands finance director at InterGen, a role he has held since 2003.
Atlantis said the relocation of its corporate headquarters to Scotland was a natural progression with the MeyGen project – the 400 megawatt project in the Inner Sounds of the Pentland Firth – entering the construction stage and the recent acquisition of Marine Current Turbines Limited, which included a portfolio of six projects in Wales, Northern Ireland and Southern England, and increasing the project development portfolio in Scotland.
Chairman John Neill, said: “We respect Duncan’s decision not to relocate his family to the UK and are delighted that he has agreed to remain on the board as a non-executive director.”