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LONDON - Caracal Gold plc (LSE:GCAT) has appointed Esther Ndeto as Financial Controller, effective Monday, the East African gold company announced in a press release.
Ms. Ndeto, based in Kenya, brings over 15 years of regional financial leadership experience across East and Southern Africa. She is a Certified Public Accountant (CPA-K) and holds an MBA in Fintech and Blockchain.
In her new role, Ndeto will report directly to the Board of Directors and oversee the group’s financial operations across corporate and operational entities. Her responsibilities include leading financial strategy, overseeing reporting and compliance, managing treasury functions, and supporting the company’s audit framework.
"Esther’s appointment is an important addition to our leadership team and underscores our commitment to strong financial governance," said Jason Brewer, Executive Director of Caracal Gold.
Ndeto’s previous experience includes positions at Imfact Working Capital Solutions, Kenya Pooled Water Fund, Alios Finance, and Grain Bulk Handlers Ltd. Her appointment comes as Caracal continues to enhance its financial structure in preparation for further operational growth at its Kilimapesa Gold Mine in Kenya.
Caracal Gold is focused on increasing production to over 50,000 ounces per annum and building a JORC compliant resource base of over 3 million ounces. The company currently has JORC compliant resources of approximately 706,000 ounces at its Kilimapesa Gold Mine and 658,751 ounces at its Nyakafuru Project in Tanzania.
The information was disclosed in accordance with the company’s obligations under Article 17 of the Market Abuse Regulation.
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