BG said to be searching for new CFO

FTSE 100 oil and gas company BG Group has quietly started to seek a successor for chief financial officer Fabio Barbosa, the Sunday Times reports.

Barbosa was granted a leave of absence in September to undergo medical treatment in Brazil and it is understood that he will not be returning.

Group financial controller Den Jones was appointed as Barbosa’s alternate director in September, a position he is likely to hold until the end of the year.

Last month, the company replaced PwC as its auditor after 16 years. Ernst & Young will take on the role from the start of the 2013 financial year.

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