Nighthawk, the US-focused oil development and production company, has appointed Richard Swindells as chief financial officer (CFO) to work alongside chief executive officer (CEO) Tim Heeley and executive chairman Mike Thomsen.
Swindells joins from Ambrian Partners, the natural resources-focused investment banking subsidiary of Ambrian Capital, where he acts as broker and nominated adviser to a number of oil and gas and other resources companies. During his three years at Ambrian, he has been responsible for Ambrian’s oil and gas investment banking activities and has been involved in raising in excess of £275m in this sector.
Swindells has gained substantial experience in advising and raising funds for small and mid-cap companies over the past 15 years, of which he has spent the past six years with a focus on natural resources, in particular oil and gas. Before joining Ambrian, he was at Nabarro Wells & Co, where he was appointed as CEO prior to the sale of the business to Ambrian Capital in April 2008. Prior to that he was a director of corporate finance at Panmure Gordon.
Swindells remains at Ambrian affecting an orderly handover of his nominated adviser duties and client relationships and it is expected that he will take up his new position with Nighthawk in the near future.
A report by broking group Marsh examines the repercussions from the administration of the South Korean company, which filed for bankruptcy protection at the end of August.
Global research by C2FO suggests that smaller businesses are less concerned with the repercussions of Brexit and the upcoming US presidential election.
A squeeze on skilled talent means it now takes an average of seven weeks to fill open permanent roles in finance in the UK according to new research from financial services recruitment firm Robert Half.
Early-stage merger and acquisition deals in Asia-Pacific show nearly 10% year-on-year growth in recent months.