Atlantis Resources appoints new CFO

15th Sep 2015 08:02

(ShareCast News) - Simon Counsell has been appointed as the chief financial officer of Atlantis Resources, the developer of tidal current power renewable energy said on Tuesday.Counsell, who has held his current role of UK and Netherlands finance director at InterGen since 2003, will replace Duncan Black, who is set to step down on 18 September.In a short statement released on Tuesday, the London-listed group said Black had handed in resignation due to the company's intention to relocate its headquarters from Singapore to Scotland.The group described the choice to relocate to Scotland as a natural progression following last year's admission to AIM.Counsell will join the group on 18 November, Atlantis said.Atlantis shares were down 2.35% to 41.50p at 0815 BST on Tuesday.