– UK, London – Polemos PLC (AIM:PLMO), is pleased to announce the appointment of Dr Nigel Burton as Chairman with immediate effect. Concurrent with the appointment of Dr Burton to the Board, Hamish Harris resigns from the Board with immediate effect to pursue other business opportunities.

Dr Nigel Burton has over 25 years’ experience in operational and financial management, debt and equity financing, acquisition and integration of businesses, disposals, IPOs and trade sales. Following over 14 years as an investment banker at leading City institutions including UBS Warburg and Deutsche Bank, including as the Managing Director responsible for the energy and utilities industries, Nigel has spent 15 years as Chief Financial Officer of a number of private and public companies, including Navig8 Product Tankers Inc, PetroSaudi Oil Services Limited, Advanced Power AG, and Granby Oil and Gas plc. Nigel is currently Chief Executive Officer of Nu-Oil and Gas plc and a Non-Executive Director of Strat Aero plc, both of which are listed on AIM, and until March was a Non-Executive Director of AIM listed Management Resource Solutions plc.

Nigel is a Chartered Electrical Engineer and a Past President of the IET. He has a B.Sc. (First Class Hons) in Electrical and Electronic Engineering and a Ph.D in Acoustic Imaging from University College London.

For more information : http://www.polemos.co.uk

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