Board of Directors
Martin was appointed as Chairman of Chaarat on 1 October 2016. He is a long term and supportive shareholder and brings both his significant experience of Russia and the region and his contacts from an extensive network to assist the achievement of the strategy set by the Chaarat Board.
He manages an active portfolio with an interest in real estate, financial services and information technology. Between 2006 and 2013 he was a shareholder and served on the Board of Siberian Coal Energy Company (SUEK), one of the largest thermal coal producers in Russia. He is currently a director of Brunswick Real Estate S.A.R.L., Brunswick Rail Limited, Cabo Delgado Investments Limited and Central Atlantic Investment Holding LLC.
A graduate of the Stockholm School of Economics and HEC Paris, Martin worked in mergers and acquisitions at Booz Allen Hamilton and advised the Russian Government on its privatization programme. In 1993 he co-founded Brunswick Brokerage – a Moscow based investment bank that was later sold to UBS – initially holding the position of CEO and from 1999 as Chairman of the joint venture, Brunswick UBS Warburg.
He is a member of Chaarat’s Audit Committee.
(Chief Executive Officer)
Dekel is a graduate of Tel Aviv University. Formerly president of Apex Asia LDC, a subsidiary of Apex Silver Mines Limited, he has extensive experience in developing businesses, in emerging economies as well as the developed world. Dekel was the founder and Executive Chairman of APC Limited, a coffee and tea producer in Africa. In addition, he has advised a number of international and Israeli companies on business development. Prior to those activities Dekel was Vice President of Business Development of Supersol, the largest retail operator in Israel and worked at Dead Sea Bromine Group, the world’s largest bromine producer.
Alex is a graduate of the Kazakh Polytechnic Institute. He has assisted companies investing in the Kyrgyz Republic in various aspects of finance, administration and representation with the authorities since 2000. He has more than 25 years of experience in all aspects of business management in Central Asia including negotiations with governmental institutions, contractors, preparation of development plans, monitoring of operations and public relations.
Linda is a graduate of the London School of Economics and a Fellow of the Institute of Chartered Accountants in England & Wales. A former partner in Grant Thornton UK LLP, her experience gained over more than twenty years included working as a nominated adviser in the Capital Markets team and as an audit partner specialising in the natural resource sector.
Martin Wiwen-Nilsson spent 21 years at Goldman Sachs, where he was a Partner from 2008 to 2015. During his time there he held leadership positions in, amongst others, the global emerging markets business, the global commodities business and the global sovereign wealth fund business. He served on a number of executive committees, including the Investment Banking Operating Committee and the Growth Market Operating Committee.
He is a member of Chaarat’s Remuneration Committee.
Richard is an experienced City professional who brings his contacts and in depth understanding of the equity markets to the Board of Chaarat which will assist in the Company’s engagement and communication with its shareholders.
As a managing director of ABN AMRO, Richard was responsible for the team engaged in research, sales and trading of Mid and SmallCap equities. In this role and before that as Head of UK Smaller Companies Research & Sales, he managed the liaison with the corporate broking and financial advisory departments.
He is a non-executive Director and member of the Audit Committee of Aberforth Smaller Companies Investment Trust plc, the largest investment trust within the UK Smaller Company sector.
A Chartered Accountant, Richard is Chairman of both Chaarat's Audit and Remuneration Committees.
Robert D Benbow
(Chief Operating Officer)
Bob’s primary responsibility is to develop and build the Tulkubash Project and oversee mining operations once in production.
During his 30 year career Bob has worked with junior exploration companies to bring them into production and transform them into operating companies. He has taken three green field gold developments into production and from 2007 he served as the Vice President and Country Manager of Alacer Gold Corp.’s Çöpler Gold Mine in Eastern Turkey which has produced over 1 million ounces as one of the lowest cost producers in the world.
Bob built a team of expatriates and Turkish nationals to execute the successful start-up of Çöpler, which was initially developed as an open pit heap leach operation. The Çöpler mine is now moving into development of the refractory ore contained within the deposit. The two similar stages in Chaarat’s development will benefit directly from Bob’s relevant experience.
Since September 2016 Bob Benbow has been working with the existing Chaarat team to supervise and drive the work of GBM Minerals Engineering Consultants Ltd and Wardell Armstrong on the Bankable Feasibility Study for the Tulkubash Heap Leach Project.
(Deputy General Director Chaarat Zaav)
Turat graduated in Geological Prospecting from the Frunze Polytechnical Institute, (now the Kyrgyz Mining Metallurgical Institute) in 1989. He has over twenty years of geological experience in Kyrgyzstan and joined Chaarat originally in 2007. He began his career in 1989 as the Jerooy Exploration Group’s Geologist and joined their expedition in the north of Kyrgyzstan. He went on to work as a geologist on the Jerooy Gold Project. Following the completion of his MSc at the Shimane University in Japan, where he carried out research into mineral compositions in the Jerooy region, Turat continued his work in Kyrgyzstan with Kumtor Operating Company. During his six years with the company he progressed to the role of Chief Geologist, before accepting a new role, that of Senior Geologist, with Frontier Mining in 2004, managing their explorations in Kazakhstan. He returned to Kyrgyzstan in 2006 to work as Chief Geologist on the Jerooy Gold Mine before joining Chaarat. He accepted a position as Vice-President of Centerra Gold in Toronto in 2012 and returned to Chaarat in August 2013 as Deputy General Director with responsibility for community relations.