Mark Bolton becomes the new chief financial officer and company secretary at Oilex Ltd (LON:OEX, ASX:OEX) with effect from today (June 10).
Since 2003, he has worked as a finance chief and secretary at a number of resource companies, and before that, with Ernst & Young.
His strengths are in the commercial management and financing of resource projects internationally, said Oilex.
Managing Director Joe Salomon told investors: "We are delighted to announce Mark's appointment.
"He comes very highly recommended based on his recognised strong performance and achievements and the board welcomes him to the senior management team.
"We look forward to his contribution to our business as we progress the development of our existing assets and as we review additional opportunities for growth. I would also like to thank Cathal Smith for his contribution as interim company secretary".
Oilex shares eased 4% to stand at 0.60 a pop.