Tullow Oil board hits UK gender target

TULLOW Oil has appointed Sheila Khama and Genevieve Sangudi as non-executive directors to its board.

In addition, Tutu Agyare will resign as a director immediately after the London-listed group’s AGM in April.

Following the changes Tullow will have reached the 33pc target of women in top roles on listed companies in Britain.

A UK government-backed report issued in 2015 made the recommendation on gender representation by 2020.

Ms Khama is a policy adviser on the mineral, oil and gas industries at the World Bank in Washington, focusing on host government relations with commercial companies.

She took up her position at the World Bank in 2016, having worked in a similar role for three years at the African Development Bank.

Genevieve Sangudi is a managing director for The Carlyle Group based in South Africa.

Ms Sangudi has more than 15 years of investment experience in Africa in the healthcare, financial services, oil and gas, petrochemicals, agribusiness and telecommunications sectors.

Ms Sangudi joined Carlyle in 2011 and played a lead role in launching its maiden Sub-Saharan Africa fund, including fundraising, strategy, origination and execution.

Meanwhile, Mr Agyare joined Tullow in 2010 as a director and has provided “significant support and insight” to Tullow, particularly with regards to Ghana during his time as a director, a statement from the group said.