Venture Production plc has announced the appointment of Rod Begbie to the Board as an Executive Director of the Company. He will take up the new role of Corporate Development Director with immediate effect.
Mr Begbie, 41, joined Venture in August 2002 as Corporate Development Manager. He started his career with PA Consulting Group in 1988 before moving on to a group corporate strategy role at Royal Bank of Scotland Group between 1992 and 1995. He then spent six years in the private equity industry before completing an MBA at INSEAD immediately prior to joining Venture.
There are no disclosures required under 9.6.13 of the Listing Rules of the Financial Services Authority in connection with Mr Begbie's appointment as an Executive Director.
Commenting on the news, Mike Wagstaff, Chief Executive said:
'I am delighted to be able to announce Rod Begbie's promotion to the Board. In the five years he has been with Venture, Rod has made a very significant contribution to Venture's success and his appointment to the Board reflects the anticipated importance of corporate and business development to the next phase of Venture's growth.'
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