JP Morgan oil specialist to join Genel as CFO


(MENAFN- ProactiveInvestors) Ben Monaghan will succeed Julian Metherell as chief financial officer when he retires at the AGM on April 21 this year Genel Energy (LON:GENL) said.

Monaghan has worked in the oil and gas team at JP Morgan for 20 years and is currently the head of Europe Middle East and Africa oil and gas investment banking.

He will join Genel following a period of transition ahead of Metherell's departure.

Genel chairman Rodney Chase said: Since Genel's listing on the London Stock Exchange in 2011 Julian has played an integral role in unlocking the value of our world-class assets in the Kurdistan Region of Iraq. 

"He leaves the company with a robust balance sheet and the financial strength to prosper and I would like to thank him for all of his hard work. 

"Ben has exactly the experience and expertise to further this success and the board looks forward to working with him as we continue to build on our position as a leading exploration and production company."


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