London, England / ACCESSWIRE / September 2, 2019 / Centamin plc ("Centamin" or "the Company") (LSE:CEY, TSX:CEE) today announced the following Board Changes.
In accordance with the UK Corporate Governance Code, the Board has been steadily evolving as it establishes the optimal balance of core skills, experience and diversity. This is further supported by ongoing review and refreshment of the Board Committees.
As part of the ongoing Board succession programme, Centamin is delighted to announce the appointment of two new independent Non-Executive Directors, Dr Catharine Farrow and Ms Marna Cloete, effective immediately. Furthermore, Ms Alison Baker has notified the Board she will be resigning as Non-Executive Director of Centamin effective immediately to pursue other interests.
Following these directorate changes, the Centamin board will comprise of ten members: a non-executive chair, two executive directors and seven independent non-executive directors. The Company's multi-disciplinary Non-Executive Directors offer a broad range of skills and experience to the Board, including but not limited to finance, legal, mining technical, capital markets and civil service.
Josef El-Raghy, Non-Executive Chair, commented:
"It is with great pleasure we welcome Catharine and Marna to the Centamin Board. Both individuals bring extensive experience and expertise that will complement the existing diverse skill set of the Board as Centamin embarks on an exciting path of growth.
We look forward to their wise counsel and oversight of the Company in the years to come, as Centamin strives to deliver superior, responsible stakeholder returns.
On behalf of the Board, I wish to thank Alison for her service to the Board and valued contribution to HSES committee. We wish Alison well in current and future endeavours."
Enquiries
For further information, please visit the website www.centamin.com or contact:
| Centamin plc Andrew Pardey, Chief Executive Officer Alexandra Carse, Investor Relations | Buchanan Bobby Morse Chris Judd |
Appointment of Dr Catharine Farrow
Independent Non-Executive Director, effective immediately
Dr. Farrow joins Centamin with more than 25 years of mining industry experience. As a professional geoscientist, obtaining her doctoral degree in Earth Sciences from Carleton University, Canada, Dr Farrow has complemented her deep technical knowledge with extensive corporate and operational mining experience throughout her career.
From 2012 to 2017 she was Chief Executive Officer and Co-Founder of TMAC Resources Inc., the TSX listed exploration, development and gold mining company. Before TMAC, from 2003 to 2011, Dr. Farrow was with KGHM International Ltd (formerly Quadra FNX Mining Ltd and FNX Mining Inc.), where she held multiple senior executive roles in a wide range of disciplines including operations, technical services, corporate development and exploration, culminating with the position of Chief Operating Officer. Previously she held technical roles with Inco Ltd and the Ontario Geological Survey.