OEG Offshore names CFO

OEG Offshore, a provider of offshore cargo carrying units, has appointed Adrian Bannister as chief financial officer (CFO) of the OEG Offshore group of companies.

Bannister will assume responsibility for the group’s global finance team activity, including accounting, taxation, regulatory and reporting matters for OEG worldwide.  A qualified Chartered Accountant, Bannister was most recently CFO at Viking SeaTech Ltd where he managed the company’s financial and business investment strategy. After joining in 2012,the business achieved significant growth, with revenues exceeding £70m.

Prior to Viking SeaTech, he held CFO positions with Stork Technical Services and Sparrows Offshore Group Ltd.

Bannister will be based at OEG’s Aberdeen office and will also join the group’s board, which governs the holding company and each of its regional operating companies.
John Heiton, chief executive of OEG, said: “We are delighted to welcome Adrian to the OEG group. He is a highly experienced and established financial leader with knowledge of the international offshore sectors and geographical regions in which OEG operates. With more than 25 years’ experience in the energy finance sector, Adrian will add great strength to the company as OEG accelerates its global expansion plans.”

Bannister is a non-executive director at Cortez Subsea Ltd and also holds a governor and chair position on the finance committee of St Margaret’s School for Girls in Aberdeen.

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