Fastjet PLC

Fastjet appoints new chief financial officer

Mitchellis replacing Nick Caine who previously flagged his intention to step down back in October.

The African airline is in the process of rolling out new routes

Fastjet (LON:FJET) has announced that Lisa Mitchell is to be appointed as the new chief financial officer and executive director with immediate effect.

Mitchell, who has already been working with the company as a consultant, is replacing Nick Caine who previously flagged his intention to step down back in October.

She was previously chief financial officer at Ophir Energy (LON:OPHR), and prior to that was a director of Dominion Petroleum (which was acquired by Ophir in 2011).

"We are delighted that Lisa has accepted this role,” said Ed Winter, Fastjet chief executive. “Her experience of working in various African jurisdictions will be invaluable and we look forward to welcoming Lisa to the board,”

"We will be sorry to see Nick leave and thank him for his dedication and great contribution to Fastjet and wish him every success in his future career."

Mitchell’s appointment comes after Winter revealed last week that he would also be leaving the company, though he remains in place whilst the company seeks a replacement.

Fastjet, a growing African airline, in December added new routes to and from Kenya, and yesterday announced the start of flights between Johannesburg, South Africa, and Harare.

Quick facts: Fastjet PLC

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Market: AIM
Market Cap: £54.16 m

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