CHIEF Tabetando and Peter Wilson have stepped down from the board of Bowleven following the recent completion of a $250million (£165m) stake sale in Cameroon, which the oil and gas firm agreed in June.
A lawyer from Cameroon, Chief Tabetando joined the Bowleven board in 2001 and brought long experience of the West African country's legal system to his work. Mr Wilson was appointed to the Bowleven board in 2005 after working as a partner in McClure Naismith, Bowleven's then legal advisers. Ronnie Hanna, chairman of Aim-listed Bowleven, thanked the two men for their significant contributions to the company's board over a long period. He added:" We are also pleased that Chief Tabetando has agreed to continue to support the Group's operations in Cameroon and that Peter will continue as General Counsel." Bowleven has appointed John Martin, a veteran of the oil and gas banking business, as a non-executive director.
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