Trans-Siberian Gold appoints Florian Fenner, Ljupco Naumovski and Stewart Dickson to its Board of Directors

– UK, St Neots – Trans-Siberian Gold plc (AIM:TSG.L) announces the appointment of Mr. Florian Fenner, Mr. Ljupco Naumovski and Mr. Stewart Dickson to its Board of Directors

 The Company also notifies the retirement of Mr. Peter Burnell.

 As previously notified, Mr. Alexander Dorogov, who has been Finance Director of TSG’s Russian subsidiaries since 2010 has assumed the responsibilities of Chief Financial Officer. It is expected that he will be appointed to the Board shortly.

About Florian Fenner 

Mr. Fenner joined UFG Asset Management as Managing Partner in July 2002. In addition to his role as  Managing Partner, Mr. Fenner is also responsible for the overall management of UFG’s public markets funds business. Prior to joining UFG, from 2000 to 2002, he was the Head of Unifund’s Moscow office with responsibility for its Russia portfolio. From 1996, Mr. Fenner served as the Deputy Head of Research at Brunswick Brokerage, one of Russia’s leading investment banks and, in 1997, he became the Russian Equity Portfolio Manager for Brunswick Capital Management. Before joining Brunswick Brokerage, he worked as an investment banker for Schroder Munchmeyer Hengst Co. in their Frankfurt office. Mr. Fenner is a CFA charterholder and holds a degree in banking from Industrie- und Handelskammer in Frankfurt-am-Main.

About Lou Naumovski

Mr. Naumovski has more than three decades of experience working in Russia, most recently as Vice President and General Director of the Moscow office for Kinross Gold Corporation (“Kinross”), the largest Canadian investor in Russia.  He also developed the business of Visa International, serving as Senior Vice President and General Manager Visa International Service Organisation (VISA), CEMEA region.  Additionally, he served as Senior Banker and Head of Mission for the Russian Team of the European Bank of Reconstruction and Development (“EBRD” or the “Bank”) in Moscow.  While at EBRD, the Bank undertook more than half a billion dollars in financing of various projects, and he represented the Bank when the Russian Prime Minister’s Foreign Investment Advisory Council was first founded. 

Mr. Naumovski has a BA (Honours) in Economics and Political Science from the University of Toronto and an MA in International Relations (specialised in Russian / Soviet affairs) from the Norman Patterson School of International Affairs at Carleton University in Ottawa, Canada.

About Stewart Dickson

Mr. Dickson has recently been appointed as Chief Executive Officer of ASX listed Variscan Mines Limited, having accumulated a decade of investment banking experience. His prior appointment was as Managing Director and Head of Metals & Mining at Cantor Fitzgerald Europe, based in London. He had responsibility for client coverage of public and private mining companies across precious metals and base metals, bulks, fertilizers and specialty metals. He has a broad range of international financial advisory, equity capital markets and corporate broking transaction experience including initial public offerings, financings and M&A. Prior to investment banking, Mr. Dickson served in the British Army as a commissioned officer and saw operational service overseas. Stewart is a graduate of University College London and holds a MBA from Henley Business School.

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