AFC Energy announces new finance chief

Hydrogen power technology company AFC Energy announced its intention to appoint Peter Dixon-Clarke to its board on Thursday, as chief finance officer.

The AIM-traded firm said Dixon-Clarke would bring 30 years of experience in senior finance roles, largely in the energy and financial services sectors.

It said he had been involved in equity fundraising - both private and public -as well as debt financing and refinancing, strategic roles, and reorganising financial teams and systems.

Before joining, Dixon-Clarke was CFO at AIM listed vanadium flow battery company Invinity Energy Systems, and previously held leadership roles with Hotspur Geothermal and Rockhopper Exploration.

He is a member of the Institute of Chartered Accountants in England and Wales.

“We are delighted to have Peter join AFC Energy as chief financial officer and an executive director on our board,” said chief executive officer Adam Bond.

“Peter brings a long history in the energy industry working with both listed and non-listed companies across the conventional and new energy space and I look forward to working closely with Peter as part of the company's executive team.”

At 1615 BST, shares in AFC Energy were down 4.01% at 17.73p.

Reporting by Josh White at Sharecast.com.