Ronald Bain

Ronald Bain joined VAALCO in June 2021 as Chief Financial Officer. Mr. Bain has over 25 years of oil industry experience including capital markets and statutory reporting, taxation and compliance in numerous African countries. Prior to VAALCO, Mr. Bain served as Finance Director of Subsea Services as well as Chief Financial Officer and a member of the board of Eland Oil & Gas Plc from July 2017 until the company was acquired by Seplat Petroleum Development Plc in December 2019. Mr. Bain began his career at Vetco Gray in 1987 then moved to Donside Paper Company in January 1990 and over a period of 9 years served in the Finance Department in roles of increasing responsibility including Financial Director. From August 1999 to June 2017, Mr. Bain worked at BJ Services and Baker Hughes in a variety of Regional Accounting Directorship and Controller roles. He led the financial integration planning for Baker Hughes during the GE Oil & Gas merger.

Mr. Bain holds a Scottish Higher National Certificate in Accounting from Aberdeen College of Commerce. He qualified as a Chartered Accountant in 1993 with the Association of Certified Chartered Accountants and holds certifications in Financial Modelling & Valuation Analysis (Corporate Financial Institute CFI) and International Financial Reporting (ACCA).