BG financial controller steps in as CFO takes leave of absence

A LEAVE OF ABSENCE has been granted to BG Group’s CFO to undergo medical treatment in Brazil.

Fabio Barbosa will go to Brazil for treatment on a recently diagnosed condition. After discussions with the board, he has appointed group financial controller Den Jones as his alternate director with immediate effect, a position he is likely to hold until the end of the year.

Barbosa will provide “continued counsel and support” to Jones.

Interim CFO Jones has been a finance professional for 25 years, He spent a decade in financial management and analyst positions at PwC and Citibank/Salomon Smith Barney Investment Bank.

He joined BG in 2000, and has held roles including regional finance director and three years as group head of financial planning. He has held the financial controller role since 2010.

Sir Frank Chapman, chief executive, will assume the chairmanship of the investment committee for this interim period.

The company’s share price is trading down 5.50p in this morning’s trading, at 1,264.00p.

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