Jadestone Appoints Chief Financial Officer

Source: www.gulfoilandgas.com 6/28/2022, Location: Asia

Jadestone Energy plc, an independent oil and gas production company focused on the Asia-Pacific region, is pleased to announce the appointment of Bert-Jaap Dijkstra as Chief Financial Officer (“CFO”) and director of the Company, effective 1 September 2022.

Mr Dijkstra joins Jadestone from SBM Offshore, where he held a number of finance and management roles since 2013. Most recently he served as Group Treasurer and Director of Investor Relations. In this role he has built significant experience of equity and debt capital markets. He has been directly responsible for managing all financing activities for SBM Offshore, including structuring c.US$5 billion in recent project financings, managing the group’s financial risk (including hedging programmes), optimisation of funding sources and corporate finance. He was voted best investor relations professional for the energy services sector in the 2019 Extel and in the 2020 and 2021 Institutional Investor surveys.

Prior to his employment at SBM Offshore, Mr Dijkstra held various finance roles in European commercial real estate and also Royal Dutch Shell, where he lived and worked for a period in Southeast Asia as Finance and Planning Manager. Mr Dijkstra holds a MSc degree (with honours) from Wageningen University. He is a Chartered Management Accountant and completed an MBA in Financial Management from MIT Sloan School of Management.

Mr Dijkstra will relocate with his family to Singapore, in line with Jadestone’s strategy of ensuring that senior management are positioned close to its assets and finance teams in the Asia-Pacific region.

Paul Blakeley, President and CEO commented:
“We’re delighted to welcome Bert-Jaap to the Jadestone team as CFO following a thorough search process. He brings deep and relevant experience of capital markets and the upstream sector, and his impressive track record of executing significant financing solutions in the oil and gas industry will be invaluable to Jadestone as we seek further accretive growth in the Asia-Pacific region. Bert-Jaap has already impressed us with his hands-on attitude and his passion for our business. These are the Jadestone qualities we are looking for and, with his open communication style, he will fit well within the leadership team. I look forward to having him on board in September 2022.”

Regulatory disclosures
The following information is disclosed under Rule 17 and Schedule Two, paragraph (g), of the AIM Rules for Companies:
Bert-Jaap Dijkstra, aged 49, has held the following directorships and/or partnerships in the past five years:
Mr Dijkstra does not hold any ordinary shares nor options over ordinary shares in the Company.

There is no further information which is required to be disclosed under Schedule Two, paragraph (g), of the AIM Rules for Companies in respect of Mr Dijkstra.


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