AGL Energy has appointed a new Non-Executive Director who will act as an additional director and stand for election at the 2017 Annual General Meeting.

Petter Botton will take on the position effective 21 October 2016.

Since 1994, Mr Botten has been CEO of Oil Search Limited, overseeing its development into a major Australian Securities Exchange-listed company.

Mr Botten also has international experience in the oil and gas industry, holding various senior technical, managerial and board positions in a number of listed and government-owned organisations before joining Oil Search.

Mr Botton is currently a Council Member of the Australia PNG Business Council, Director of the Oil Search Foundation and Chairman of Business for Development Australia.

AGL Chairman Jerry Maycock said, “We are delighted to announce that a leader of Peter’s calibre and experience will be joining the AGL Board.

“Although AGL is committed to exiting its own operations in the upstream gas sector, the oil and gas supply chain remains integral to our business.

“As such, Peter’s deep expertise in global energy markets, coupled with his broader corporate experience, will be extremely valuable. On behalf of my fellow Directors and of AGL as a whole, I would like to welcome Peter to the Board.”