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Victoria Falls Stock Exchange and Australian Securities Exchange–listed energy exploration company Invictus Energy Limited, which is advancing the potentially transformative Cabora Bassa Project in the Muzarabani–Mbire district, has announced a key internal appointment aimed at bolstering its corporate governance and regulatory expertise, Mining Zimbabwe can report.
By Rudairo Mapuranga
The company confirmed that Victoria (Vicky) McLellan, who has served as Chief Financial Officer since August 2024, has been appointed as Joint Company Secretary with immediate effect.
McLellan brings a strong track record in governance and regulatory compliance from the oil and gas sector. A Chartered Accountant, her previous experience includes roles at FAR Limited (ASX: FAR) and as both Chief Financial Officer and Company Secretary at Metgasco Limited (ASX: MEL). This background is considered highly relevant for Invictus as it navigates the complex regulatory and financial landscape of developing a major multi-well exploration project.
In her expanded role, McLellan will share the Company Secretary responsibilities with Gabriel Chiappini, Invictus’s Non-Executive Director and Chair of Governance, who will continue as Joint Company Secretary. The company stated that this dual structure reinforces its commitment to robust corporate governance practices.
A critical component of the appointment is McLellan’s nomination as an additional key point of contact for the Australian Securities Exchange (ASX) on matters pertaining to Listing Rules. This ensures clear and continuous communication with the market as the company progresses.
The appointment comes at a significant time for Invictus Energy, which is focused on its operations in Zimbabwe’s Cabora Bassa Basin. The company is working to appraise the Mukuyu gas-condensate discovery and explore additional high-potential targets within its Special Grant 4571.
The move to strengthen its senior executive team with additional compliance and governance capacity is seen as a strategic step, aligning the company’s corporate structure with the scale and ambition of its Zimbabwe-based exploration campaign.
“The Board is pleased to expand Vicky’s responsibilities,” said a representative in line with the announcement. “Her extensive experience will be invaluable as we continue to execute our work programme in Zimbabwe and maintain the highest standards of reporting and governance for our shareholders.”
The announcement was approved for release by the Invictus Energy Board of Directors.
