LNG player BG Group of UK today announced that Chief Financial Officer (CFO), Fabio Barbosa has been granted leave of absence in order to undergo medical treatment in Brazil for a recently diagnosed condition.
Following consultation with the Board, Fabio has appointed BG Group Financial Controller, Den Jones as his Alternate Director with immediate effect for what is expected to be the remainder of the year.
Den Jones will assume all of Fabio’s responsibilities, acting as interim CFO with Fabio’s continued counsel and support. Sir Frank Chapman, Chief Executive, will assume the chairmanship of the Investment Committee for this interim period.
Den Jones has been a finance professional for 25 years. Prior to joining BG Group, Den spent over a decade in specialist financial management and analyst positions encompassing senior roles at PwC and Citibank/Salomon Smith Barney Investment Bank. He has been with BG Group since 2000 in a range of senior financial management positions including four years as a Regional Finance Director in the Group’s international assets and some three years as Group Head of Financial Planning. Since 2010, he has been Group Financial Controller, reporting directly to the CFO, with responsibility for the Group’s finance function and operations.
[mappress] LNG World News Staff, September 10, 2012; Image: BG