Directors

Chaarat’s Board and management are deeply invested in the Company and their interests are fully aligned with shareholders. More than 40 per cent of the Company is owned by the management and Chairman with an incentive programme entirely paid in locked-in shares and options.

The Company’s senior management brings global industrial expertise in building mines and managing them, at spotting untapped exploration potential, and at optimising opportunities via cost-effective discovery.

Martin Andersson

Executive Chairman

Appointment:  1 October 2016

Martin Andersson

Past roles

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. 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.

Brings to the Board

Mr Andersson first invested in Chaarat in 2011 and he intends (via Labro) to be a long term and supportive shareholder.

Mr Andersson chairs Chaarat’s Nominations Committee.

Other commitments

Mr Andersson manages an active portfolio with an interest in real estate, financial services and information technology.

Gordon Wylie

Sr. Independent Director and Deputy Chairman

Appointment:  13 November 2017

Gordon Wylie

Past roles

During his eight years as a member of AngloGold Ashanti’s senior management team, Mr Wylie was responsible for their global exploration programme, part of which included moving into new prospective, higher risk geographical regions. Mr Wylie has been a non-executive director of numerous junior exploration companies operating globally since leaving AngloGold Ashanti. He was previously the chairman of Lydian International. Lydian International has been constructing a mine at the Amulsar open pit, heap leach gold project in Armenia.

Brings to the Board

Mr Wylie brings to the Board of Chaarat 42 years’ experience in the mining industry and directly relevant experience of growing companies from exploration to production.

Mr Wylie chairs each of Chaarat’s Remuneration Committee and HSE Committee.  Mr Wylie is also a member of each of Chaarat’s Audit Committee, Technical Committee and Nominations Committee.

Other commitments (non executive)

Mr Wylie does not currently hold any other directorships.

Artem Volynets

Executive Director

Appointment:  28 March 2018

Artem Volynets

Past roles

Mr Volynets has more than 20 years’ experience in mergers and acquisitions, capital markets, and senior corporate management roles.  During this time, he has led private and public transactions worth more than US$30 billion and managed leading businesses in the metals and mining industry.

Brings to the Board

Mr  Volynets’ M&A, capital markets and executive experience in the mining sector, combined with his global industry and investor connections in Russia and Asia, will be invaluable to progress the Chaarat Project and achieve further growth based on acquisitions in Central Asia and the FSU.

Mr Volynets is a member of Chaarat’s Nominations Committee.

Other commitments

Mr Volynets founded ACG Amur Capital Group Ltd which is an advisory and investment management firm in 2014.  He is also an independent director and a member of the Strategy and Budget Committees of PJSC MMC Norilsk Nickel.

Robert D Benbow

Executive Director

Appointment:  4 July 2018

Robert D Benbow

Past roles

Mr Benbow’s responsibilities include oversight of the Company’s operations and project development.  During his 45 year career, Mr Benbow has taken three green field gold developments into production, including 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. The Çöpler mine is now moving into development of the refractory ore contained within the deposit.

Brings to the Board

Mr Benbow’s responsibilities include oversight of the Company’s operations and project development.  Mr Benbow is Chairman of Chaarat’s Technical Committee. Mr Benbow is also a member of Chaarat’s Nominations Committee and HSE Committee.

Other commitments (non executive)

Mr Benbow is also a director of Powderhouse Gulch LLC (Colorado).

Robert Edwards

Independent Non-Executive Director

Appointment:  13 September 2018

Robert Edwards

Past roles

A mining engineer with a degree from the Camborne School of Mines, Mr Edwards is the former chairman of Global Mining at Renaissance Capital and has also worked for HSBC and the Royal Bank of Canada. He has worked in the global natural resources industry for 27 years, primarily in frontier and emerging markets, advising the managements of numerous companies on a range of industrial issues. As well as bringing deep sector knowledge, he has played a central role on multiple IPOs, capital raisings and M&A transactions.

Brings to the Board

A deep sector knowledge of the FSU mining sector. Robert has played a central role in multiple IPOs, capital raisings and M&A transactions and is a well-known figure across the global mining investor base.

Mr Edwards is a member of each of Chaarat’s Technical Committee, HSE Committee and Nominations Committee.

Other commitments (non executive)

Mr Edwards is currently an independent non-executive director and member of the audit and corporate governance and remuneration committees of PJSC MMC Norilsk Nickel, and an adviser to several private natural resource companies. Mr Edwards also holds a number of other directorships.

Dr Hussein Barma

Independent Non-Executive Director

Appointment:  December 2018

Dr Hussein Barma

Past roles

Dr Barma has significant FTSE-50 senior executive experience, gained through over 15 years at Antofagasta plc, where he led its UK presence through a period of change and growth as the UK-based Chief Financial Officer. He has also had earlier careers in professional services and academia.  Mr Barma is a qualified lawyer and chartered accountant. He holds a doctorate in corporate law from the University of Oxford.

Brings to the Board

Dr Barma is Chairman of Chaarat’s Audit Committee and is a member of each of Chaarat’s Remuneration Committee, and Nominations Committee.

Other commitments (non executive)

He is currently an independent non-executive director and audit chair of Atalaya Mining plc and is a principal at Barma Advisory where he has worked on various assignments within the natural resources and other sectors. Dr Barma also holds a number of other directorships.

Warren Gilman

Independent Non-Executive Director

Appointment:  21 March 2019

Warren Gilman

Past roles

Warren was Chairman and CEO of CEF Holdings Ltd, a mining focussed investment company jointly owned by CK Hutchison Holdings Ltd and the Canadian Imperial Bank of Commerce from 2011 to 2019. He is a mining engineer and co-founded CIBC’s Global Mining Group in 1988. During his 26 years at CIBC he ran the mining investment banking teams in Canada, Australia and Asia, serving as Managing Director and Head of the Asia Pacific region for 10 years and latterly as Vice Chairman for CIBC World Markets.

He has acted as advisor to the largest mining companies in the world including BHP, Rio Tinto, Anglo American, Noranda, Falconbridge, Meridian Gold, China Minmetals, Jinchuan and Zijin and has been responsible for some of the largest equity capital markets financings in Canadian mining history.

Other commitments

Warren founded Queen’s Road Central Capital Ltd, where he is Chairman and CEO, in 2019. He is also a Board member of NYSE/TSX listed NexGen Energy Ltd, a uranium exploration and development company, and private mining company, Niobec Inc, which jointly owns the Niobec niobium mine in Canada with CEF, Temasek of Singapore and Magris Resources of Canada.