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Tullow Oil's CFO steps down due to ill health

Ian Springett had been in Tullow's top finance job since 2008.
Ian Springett had been in Tullow's top finance job since 2008.

Africa-focused oil company Tullow Oil  has appointed Les Wood as its finance head, after its chief financial officer Ian Springett stepped down due to ill health. 

Tullow has production assets in Ghana and exploration acreage in Mauritania, Namibia and Zambia.

The company had named Wood, vice president of finance and commercial, as interim chief financial officer in January after Springett took an extended leave of absence for medical treatment.  

Wood, who joined Tullow in 2014, previously spent 28 years at BP, including in regional CFO roles in Canada and the Middle East.

Springett, also an ex-BP regional finance head, had been in Tullow's top finance job since 2008.