Specialist oil and gas and marine services firm OEM Group has welcomed Mike Macleod on board as its new finance director as part of the company’s growth strategy which aims to see its turnover increase by 25 per cent to £3 million ($3,76 million) in the next 12 months.

With more than six years’ experience working at director level, Macleod has joined the Aberdeen-headquartered firm following 10 years at Uniconn Group. Macleod, who has an Honours Degree in Law and Management from the Robert Gordon University, helped to grow the oilfield services company from a small rental company into a global organisation with four divisions and 30 personnel.

In addition to Macleod’s appointment, OEM Group has also bolstered its team in the UK by taking on five engineers as well as employing Craig Stephen as UK sales manager. Stephen has more than 10 years’ experience in his field, formerly working at Turners Engine Power Services. OEM has also increased its office space in Aberdeen to accommodate its additional personnel and has further invested in tooling equipment and workshop equipment.

Macleod, who will be resonsible for all areas of the company’s financials said: 'This is an exciting time to be joining OEM Group. The company has already enjoyed significant growth during the past couple of years where many companies have struggled because of the downturn affecting the entire global industry.

'I’m looking forward to helping shape the growth of the business as it moves towards its strategic aspirations and further strengthen its position in the global marketplace. I’m also excited to be part of an energetic team which has a reputation for its strong work ethic and can-do culture.'

Formed in 2012, OEM Group is an international group of businesses offering a range of engine services, spare part procurement and fuel conditioning to safety-critical sectors, it comprises four divisions.