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Jubilee Metals Group PLC names mining and company finance veteran Oliveira as chairman

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Jubilee Metals Group PLC (AIM:JLP, JSE:JBL, OTC:JUBPF) mentioned it appointed Manuel Lino Silva de Sousa Oliveira (Ollie) as its impartial non-executive chairman with impact from 1 June 2022.

Colin Chicken, the founding father of Jubilee, beforehand introduced his intention to step down as chairman to pursue numerous initiatives outdoors the metals processing firm. Chicken will nonetheless have an advisory position for 2 years, aiding with particular initiatives.

Oliveira, a chartered accountant and economist with greater than 35 years of strategic and operational expertise worldwide within the mining trade and company finance, was appointed as an impartial non-executive director of Jubilee with quick impact.

Oliveira held senior government positions at Anglo American PLC (LSE:AAL) and has led and managed company finance assignments totalling greater than US$36bn overlaying each main commodity, together with the US$19.3bn De Beers public-to-private transaction in 2001.

He’s at the moment non-executive director and chair of the audit committee of Brazil’s Vale SA and has held non-executive roles at BlackRock World Mining Belief PLC, Polymetal Worldwide PLC (LSE:POLY) and Antofagasta Minerals PLC.

“Ollie’s expertise shall be of serious worth to our firm given his huge expertise, information of the sector and deep understanding of monetary markets, because the roll-out of our international metals processing technique continues this yr and past,” mentioned chief government Leon Coetzer.

The corporate additionally mentioned chief monetary officer Pedja Kovacevic will grow to be chief technique officer (CSO) to give attention to the group’s international growth drive and named Peet van Coller as the brand new CFO. 

As well as, Jubilee has appointed Joh. Berenberg, Gossler & Co KG as joint company dealer alongside its present brokers, with quick impact.

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