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KEFI Minerals Plc

KEFI Minerals appoint Mark Wellesley-Wood Non Executive Chairman

KEFI Minerals (LON: KEFI), the gold exploration and development company with projects in the Democratic Republic of Ethiopia and the Kingdom of Saudi Arabia, today announced that Mark Wellesley-Wood, who has been Deputy Chairman and Senior Independent Non-Executive Director of the Company since August 2015, has been appointed to the role of Non Executive Chairman with immediate effect.

Harry Anagnostaras-Adams, currently Executive Chairman will assume the role of Managing Director with immediate effect. This move separates the roles of Chairman and Managing Director that Harry Anagnostaras-Adams has fulfilled since late 2014 and reflects the Board’s desire to strengthen its corporate governance as the Company transitions to the mine build and operational phases of its development.

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Disclaimer: Statements in this article should not be considered investment advice, which is best sought directly from a qualified professional.