Richardson Brown reaches FD role at Ascent

Scott Richardson Brown has been appointed to the executive finance director role at AIM-listed oil and gas company Ascent Resources plc.

Richardson Brown will replace Simon Cunningham, who is relocating to Australia, as executive finance director with effect from 4 January 2011. He has also been appointed as a non-executive director with immediate effect.

A chartered accountant, 34-year-old Richardson Brown began his career as an auditor at Coopers & Lybrand (now PwC) in the banking and capital markets division, before moving on to Oriel Securities Ltd and CSR plc, a FTSE 250 semiconductor company.

Ascent Chairman John Kenny said, “Scott’s overall corporate finance experience, strong investor relations focus and broad City contact base makes him ideal for the role of Ascent’s finance director, as we continue developing and growing the company primarily through the development of our European portfolio and particularly the operated projects in Hungary, Slovenia, and Italy.

“During the last two and a half years Simon Cunningham has done an excellent job as our finance director and we thank him for that and wish him every success on his return to Australia in the New Year.”


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