– UK / KAZAKHSTAN – Kemin Resources Plc, the molybdenum and tungsten exploration and development company with substantial interests in Kazakhstan, announces that it has appointed, with immediate effect, Kanat Assaubayev as its new Chairman. Kanat Assaubayev is one of Kazakhstan’s leading entrepreneurs with a wealth of experience in natural resources in particular.
The first Kazakh to get a doctorate in metallurgy, Mr. Assaubayev’s early career was in academia where he rose to Chairman of the Metallurgy and Mining Department of Kazakh National Polytechnic University. He began in his business career in the 1990s and has led a number of natural resources enterprises to national and international success.
In the near term, Kanat Assaubayev will focus his efforts on supervising the work done by the Company and Project XXI, the technical experts Kemin has engaged, in connection with the Company’s bankable feasibility study.
To further strengthen corporate governance, Ashar Qureshi, already a Director of the Company, is being appointed Vice Chairman of the Company.
Bill Trew, the incumbent Chairman, will remain a director of the Company and will serve as its senior independent director.
Ashar Qureshi commented, “I am delighted to welcome Kanat as our new Chairman; his depth of knowledge and experience and vast local knowledge will prove invaluable in the next stage of the Company’s development. We would also like to thank Bill for his work as Chairman and look forward to his continued engagement with Kemin.”
- Disclaimer - News, data, and statements included in this release are intended exclusively for general information purposes. Talent4Boards does not guarantee that news is accurate or about the correct person and accepts neither liability for the consequences of the reader’s reliance, nor responsibility for the accuracy of the information. Nothing in this release should be considered for decisions about referred securities. Products and brand names may be trademarks or registered trademarks of their respective owners.