Anglo African CEO steps down to focus on Tunisian operations

Independent oil and gas developer Anglo African chief executive James Berwick has resigned from the company with immediate effect in order to take up a full-time role elsewhere.

Berwick, who was appointed to Anglo African's board as CEO in January 2018, will take over the same role at Anglo Tunisian Oil & Gas, of which he was already a director and significant shareholder.

AAOG highlighted that with the departure of David Sefton from both AAOG and ATOG, the burden on Berwick's time in managing both companies had become "unsustainable", and the scale of the Tunisian business meant that his time would be "disproportionately biased towards that company".

James Cane, who has been AAOG's finance director since 2016, will assume the role of interim chief executive ahead of the company commencing a search for a new CEO at an "appropriate time".

As of 1330 GMT, Anglo African shares were down 3.70% at 0.65p.