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Pembridge Resources announces Paul Fenby as new CFO
Mining-focussed special purpose acquisition company Pembridge Resources announced the appointment of Paul Fenby as its chief financial officer with immediate effect on Friday.
The AIM-traded firm said Fenby had more than 25 years of experience in natural resources, most recently as group CFO at Asia Resource Minerals - a UK-listed, Indonesia-focussed coal mining company, with responsibility for both the London and Jakarta listed entities.
Since 2015, he had pursued an interim management career, including the interim CFO role at Smiths Detection, a division of Smiths Group.
After qualifying in 1990 as an accountant in public practice, Fenby joined ExxonMobil where he held roles in finance, strategic planning, sales & marketing and external affairs.
He then held senior international finance roles at BG and Petrofac, and had lived and worked in Egypt, Kazakhstan, Malaysia and Indonesia.
Pembridge said Fenby held a degree from the University of Leicester, and was a fellow of the Institute of Chartered Accountants in England and Wales.
"The role of CFO is a vital one for our Company as we move towards closing the Minto transaction and relisting," said Pembridge CEO David Linsley.
"After an extensive search, we are delighted to have been able to secure someone of Paul's calibre."
As the company had previously announced, Linsley said the Pembridge team was working closely with its advisors to prepare a new prospectus and finalise the capital raise.
"Paul's participation at this stage is a tremendous value add."