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Caverton Appoints New Chief Financial Officer

LAGOS, NIGERIA—02 JUNE 2015— Caverton Offshore Support Group Plc (COSG) the leading provider of marine, aviation and logistics services to local and international oil and gas companies in Nigeria has named Mrs Titilola Adigun as the new Chief Financial Officer with effect from July 1st 2015.

Mrs Titilola Adigun will take over from Mr. Sam Ileoma who retires from the position on June 30 2015.  Sam has had significant impact on COSG accounting systems and policies as we went through our transition to a publicly listed company and migrating our accounting system to the SAP Enterprise Resource Planning tool. We greatly appreciate his contribution to the growth of Caverton during his tenure and wish him all the best in his future Endeavour.

Mrs Titilola Adigun celebrates a decade milestone this year having joined COSG in 2005. She has held several management position of increasing responsibility within the Group such as Company Accountant, Group Internal Auditor, Tax Manager and Deputy CFO. In addition to her experience within COSG, She brings along a sound and well -rounded academic qualification and accreditation in her area of specialization. She is an accounting graduate from The Yaba College of Technology, Lagos, Nigeria. She is also an Alumnus of The Lagos State University, Ojo, Lagos, Nigeria, where she bagged a Masters degree in Business Administration with specialization in International Business.

She is presently a member of the Chartered Institute of Systems Auditors (CISA) and the Institute of Internal Auditors. She is also a member of the Institute of Chartered Accountants of Nigeria and the Chartered Institute of Taxation of Nigeria.

On behalf of the Board, Management and Staff of the Caverton Offshore Support Group PLC, we thank Sam for his services and welcome Titilola to her new role as she brings the wealth of her experience to bear on this job and ensuring that Caverton remains the preferred offshore support logistics services provider in Nigeria.

 

Mrs Titilola Adigun, New Chief Financial Officer, COSG PLC