Victory Energy has appointed Mark Biggers as new chief financial officer (CFO), effective 10 January 2012. Biggers has worked at Alvarez & Marsal (A&M), a business consulting and performance improvement firm, since 2005. Most recently he was a senior director in the firm’s energy practice. Clients served at A&M included large public corporations as well as small to medium size companies owned by private equity firms.
Between 2001 and 2005, Biggers held leadership positions with companies in the energy services industry, including the roles of corporate controller at Tesco and CFO at CRC Evans Pipeline International. Between 1979 and 2001, he held a variety of finance and business development positions with Mobil Oil in the US as well as Jakarta, Indonesia and Abu Dhabi, United Arab Emirates (UAE). In his last position with Mobil Oil, he was the assistant general manager, finance and administration, for the Abu Dhabi Company for Onshore Oil Operations (ADCO).
Biggers earned an MBA in Finance at the University of Hull (England) in 2001, a BBA degree in Accounting from the University of Texas at Austin, and is a member of the Petroleum Accountants Society of Houston.
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.