Falcon Oil & Gas (LON:FOG) announced the appointment of Maxim Mayorets as a non-executive director.

The appointment was approved at the company’s AGM, in Dublin yesterday, and at the same time Igor Akhmerov and David Harris have stepped down from the board.

Mayorets is a head of M&A and part of the executive team at Renova, which indirectly owns 12.24% of Falcon.

"I am delighted to welcome Maxim to the company's board,” said chairman John Craven.

“His commercial acumen and experience brings a valuable perspective to the company as we seek to maximise value from our Australian, South African and Hungarian assets.